Intertek Gp (OTCMKTS:IKTSY) Short Interest Up 73.9% in January

Intertek Gp (OTCMKTS:IKTSY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,182 shares, an increase of 73.9% from the December 31st total of 2,980 shares. Based on an average daily volume of 13,917 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 13,917 shares, the days-to-cover ratio is currently 0.4 days.

Intertek Gp Trading Down 0.7%

OTCMKTS:IKTSY opened at $61.43 on Friday. Intertek Gp has a 1 year low of $51.96 and a 1 year high of $69.97. The company has a current ratio of 1.34, a quick ratio of 1.31 and a debt-to-equity ratio of 0.94. The stock has a fifty day moving average price of $62.24 and a two-hundred day moving average price of $64.18.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane upgraded shares of Intertek Gp to a “hold” rating in a research report on Monday, January 5th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Intertek Gp

INTERTEK GP (OTCMKTS: IKTSY) is a global provider of quality assurance, testing, inspection and certification services. The company helps clients across a broad spectrum of industries—ranging from oil and gas to consumer goods and electronics—ensure that their products, processes and operations meet regulatory, safety and performance standards. Its core offerings include laboratory testing, supply chain audits, conformity assessments and technical advisory services designed to support risk management and product integrity.

Intertek’s business is organized around four principal service lines: Assurance, Testing, Inspection and Certification.