Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,099 shares, an increase of 143.8% from the May 31st total of 1,681 shares. Based on an average daily trading volume, of 6,979 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

Intertek Gp Stock Performance

Shares of OTCMKTS IKTSY traded up $0.43 during midday trading on Monday, hitting $76.81. The stock had a trading volume of 1,705 shares, compared to its average volume of 17,217. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.03. Intertek Gp has a fifty-two week low of $47.35 and a fifty-two week high of $77.52. The company’s 50-day simple moving average is $72.12 and its 200 day simple moving average is $63.06.

Analyst Ratings Changes

Separately, Kepler Capital Markets upgraded Intertek Gp to a “hold” rating in a report on Monday, May 18th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Intertek Gp currently has an average 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.