Integrated Media Technology Limited (NASDAQ:IMTE) Shares Shorted: Short Interest Up 170.1% in September

Integrated Media Technology Limited (NASDAQ:IMTE) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 36,790 shares, a growth of 170.1% from the September 15th total of 13,621 shares. Based on an average daily volume of 24,761 shares, the short-interest ratio is currently 1.5 days. Currently, 1.1% of the shares of the stock are sold short.

Integrated Media Technology Price Performance

NASDAQ:IMTE traded down $0.00 on Monday, reaching $0.48. The stock had a trading volume of 1,830 shares, compared to its average volume of 509,010. Integrated Media Technology has a 1-year low of $0.40 and a 1-year high of $1.34. The stock has a fifty day moving average price of $0.48 and a 200-day moving average price of $0.52.

Integrated Media Technology Company Profile

Integrated Media Technology Limited is an Australia-based media and entertainment technology company. The company focuses on the development, marketing and distribution of products and solutions designed to deliver digital media content, including three-dimensional and autostereoscopic display technologies.

Its product and service offerings have included 3D display systems, digital signage and related digital media products for commercial, entertainment and other applications. The company has also been involved in developing and distributing content and technology intended to support 3D media experiences.

Integrated Media Technology has operated in Australia and has pursued business activities involving markets in Greater China and other parts of Asia.