IMI plc (OTCMKTS:IMIAF) Sees Significant Drop in Short Interest

IMI plc (OTCMKTS:IMIAFGet Free Report) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 26,398 shares, a drop of 20.8% from the December 15th total of 33,337 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

IMI Stock Performance

Shares of IMIAF stock opened at $34.00 on Monday. The firm’s 50 day moving average is $31.55 and its 200 day moving average is $30.34. IMI has a 12 month low of $22.95 and a 12 month high of $34.00.

About IMI

(Get Free Report)

IMI plc (OTCMKTS: IMIAF) is a global engineering group specializing in the design, manufacture and servicing of fluid and motion control products. The company delivers advanced solutions for demanding applications in energy, transportation, infrastructure and industrial markets. Its portfolio encompasses valves, regulators, actuators and precision components engineered to optimise performance, reliability and safety across client operations.

Operations are organised into three core business segments: Critical Engineering, Precision Engineering and Hydronic Engineering.

Read More

Receive News & Ratings for IMI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI and related companies with MarketBeat.com's FREE daily email newsletter.