Intertek Group plc (OTCMKTS:IKTSF) Sees Large Growth in Short Interest

Intertek Group plc (OTCMKTS:IKTSF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 157,523 shares, a growth of 42.3% from the November 30th total of 110,674 shares. Based on an average daily trading volume, of 3,607 shares, the days-to-cover ratio is presently 43.7 days. Based on an average daily trading volume, of 3,607 shares, the days-to-cover ratio is presently 43.7 days.

Intertek Group Stock Up 0.4%

IKTSF opened at $61.21 on Tuesday. Intertek Group has a 1 year low of $52.22 and a 1 year high of $70.00. The firm’s fifty day moving average price is $63.54 and its two-hundred day moving average price is $64.69.

Intertek Group Company Profile

Intertek Group plc is a global assurance, inspection, testing and certification company headquartered in London. It provides a broad range of quality and safety services to industries ranging from consumer goods and retail to electronics, chemicals, oil and gas, pharmaceuticals, and transportation. Through its network of more than 1,000 laboratories and over 1,000 offices across more than 100 countries, Intertek helps clients manage risk, ensure regulatory compliance and improve product performance.

The company’s core services include analytical testing, mechanical and electrical testing, inspection and auditing, product certification, and advisory services.