IMI plc (OTCMKTS:IMIAF) Short Interest Up 9.2% in August

IMI plc (OTCMKTS:IMIAF) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 16,600 shares, a growth of 9.2% from the August 15th total of 15,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 166.0 days.

IMI Stock Performance

Shares of IMIAF stock traded down $1.40 during trading on Tuesday, reaching $17.95. 854 shares of the company’s stock traded hands, compared to its average volume of 467. The firm’s 50-day moving average is $19.92 and its 200 day moving average is $18.40. IMI has a 1 year low of $19.35 and a 1 year high of $20.77.

IMI Company Profile

IMI plc, a specialist engineering company, designs and manufactures engineering products in the United Kingdom, Germany, rest of Europe, the United States of America, rest of the Americas, China, rest of Asia Pacific, the Middle East, and Africa. It operates through IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering segments.