Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,800 shares, an increase of 260.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on IKTSY shares. The Goldman Sachs Group upgraded Intertek Group to a “strong-buy” rating in a research note on Friday, October 11th. Royal Bank of Canada downgraded Intertek Group from an “outperform” rating to a “sector perform” rating in a report on Monday, October 21st.

Intertek Group Trading Up 2.5 %

IKTSY stock opened at $61.13 on Thursday. Intertek Group has a 1 year low of $50.22 and a 1 year high of $69.79. The stock’s fifty day moving average is $62.96 and its two-hundred day moving average is $62.53.

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.