Integrated Media Technology Limited (NASDAQ:IMTE) Short Interest Update

Integrated Media Technology Limited (NASDAQ:IMTE) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 78,500 shares, a decrease of 29.0% from the August 15th total of 110,600 shares. Based on an average daily trading volume, of 176,200 shares, the short-interest ratio is presently 0.4 days.

Integrated Media Technology Trading Down 3.3 %

Shares of IMTE stock opened at $0.23 on Friday. Integrated Media Technology has a 1 year low of $0.22 and a 1 year high of $2.08. The business’s fifty day moving average is $0.28 and its 200-day moving average is $0.40.

Institutional Trading of Integrated Media Technology

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS Group AG purchased a new stake in shares of Integrated Media Technology during the second quarter valued at $28,000. Jane Street Group LLC purchased a new stake in Integrated Media Technology during the second quarter valued at about $86,000. Renaissance Technologies LLC acquired a new position in shares of Integrated Media Technology in the third quarter worth about $126,000. Finally, Virtu Financial LLC purchased a new position in shares of Integrated Media Technology in the first quarter worth approximately $361,000.

Integrated Media Technology Company Profile

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.