Integrated Media Technology Limited (NASDAQ:IMTE) Sees Significant Increase in Short Interest

Integrated Media Technology Limited (NASDAQ:IMTE) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 289,600 shares, an increase of 2,767.3% from the March 15th total of 10,100 shares. Approximately 9.9% of the shares of the company are short sold. Based on an average daily trading volume, of 2,020,000 shares, the short-interest ratio is currently 0.1 days.

Integrated Media Technology Price Performance

IMTE opened at $1.30 on Wednesday. The business has a 50 day moving average of $1.32 and a 200-day moving average of $1.32. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.33 and a quick ratio of 0.20. Integrated Media Technology has a 1-year low of $0.51 and a 1-year high of $3.84.

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.