Short Interest in Intertek Group plc (OTCMKTS:IKTSF) Increases By 30.4%

Intertek Group plc (OTCMKTS:IKTSF) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 50,200 shares, an increase of 30.4% from the October 15th total of 38,500 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 125.5 days.

Intertek Group Price Performance

Shares of IKTSF opened at $57.61 on Friday. The business’s 50 day moving average price is $65.75 and its 200-day moving average price is $63.59. Intertek Group has a 52 week low of $46.20 and a 52 week high of $70.83.

About Intertek Group

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.