IMI plc (OTCMKTS:IMIAF) Short Interest Update

IMI plc (OTCMKTS:IMIAF) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 2,100 shares, a decline of 95.6% from the November 15th total of 47,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 21.0 days.

IMI Price Performance

OTCMKTS:IMIAF remained flat at $22.98 during mid-day trading on Wednesday. IMI has a 52 week low of $20.15 and a 52 week high of $25.00. The business has a 50 day moving average of $23.14 and a 200-day moving average of $23.49.

IMI Company Profile

IMI plc, an engineering company, engages in the design, manufacturing, and servicing of engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa. The company offers engineering protects for extreme temperatures and pressure environments; supplying flow control solutions in critical applications, including liquified natural gas (LNG) production, upstream oil and gas facilities, petrochemical processes, biopharma processing, combined cycle and nuclear power, marine, and other process industries; and installs severe service valves for supporting critical industrial plants and processes.