Short Interest in Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Declines By 28.4%

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 13,547 shares, a decline of 28.4% from the January 15th total of 18,908 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 237,248 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 237,248 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Imperial Tobacco Group Price Performance

Shares of OTCMKTS IMBBY opened at $44.93 on Friday. The stock has a fifty day moving average price of $42.34 and a 200 day moving average price of $41.79. The company has a current ratio of 0.74, a quick ratio of 0.37 and a debt-to-equity ratio of 1.57. Imperial Tobacco Group has a 12-month low of $33.65 and a 12-month high of $45.60.

Imperial Tobacco Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 8th. Investors of record on Monday, December 1st were issued a dividend of $0.517 per share. This represents a dividend yield of 537.0%. The ex-dividend date was Friday, November 28th.

About Imperial Tobacco Group

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.