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

IMI plc (OTCMKTS:IMIAF) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 16,700 shares, a growth of 7.1% from the March 31st total of 15,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 167.0 days.

IMI Price Performance

Shares of IMIAF stock opened at $21.73 on Wednesday. IMI has a 1 year low of $17.00 and a 1 year high of $23.00. The firm’s fifty day simple moving average is $22.01 and its 200 day simple moving average is $20.45.

About IMI

IMI plc, a specialist engineering company, designs and manufactures engineering products in the United Kingdom, Germany, rest of Europe, the United States of America, rest of the Americas, China, rest of Asia Pacific, the Middle East, and Africa. It operates through IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering segments.