IMI plc (OTCMKTS:IMIAF – Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 35,243 shares, an increase of 33.5% from the December 31st total of 26,398 shares. Based on an average daily volume of 370 shares, the short-interest ratio is presently 95.3 days. Based on an average daily volume of 370 shares, the short-interest ratio is presently 95.3 days.
IMI Stock Performance
IMIAF stock opened at $34.00 on Wednesday. IMI has a 1-year low of $22.95 and a 1-year high of $34.00. The business has a fifty day moving average price of $32.29 and a 200-day moving average price of $30.79.
IMI Company Profile
IMI plc (OTCMKTS: IMIAF) is a global engineering group specializing in the design, manufacture and servicing of fluid and motion control products. The company delivers advanced solutions for demanding applications in energy, transportation, infrastructure and industrial markets. Its portfolio encompasses valves, regulators, actuators and precision components engineered to optimise performance, reliability and safety across client operations.
Operations are organised into three core business segments: Critical Engineering, Precision Engineering and Hydronic Engineering.
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