Short Interest in Elbit Imaging Ltd. (OTCMKTS:EMITF) Expands By ∞

Elbit Imaging Ltd. (OTCMKTS:EMITFGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 10 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 30 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Elbit Imaging Stock Performance

Shares of EMITF stock remained flat at $0.05 during trading hours on Wednesday. Elbit Imaging has a 12 month low of $0.05 and a 12 month high of $2.15. The company has a 50-day simple moving average of $0.90 and a 200 day simple moving average of $1.15.

About Elbit Imaging

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Elbit Imaging Ltd. is an Israel-based company primarily engaged in real estate development and entertainment operations. Founded in 1996, the firm has established itself as a leading developer and operator of shopping centers, cinemas and leisure complexes. Its core activities span property acquisition, project design, construction oversight and ongoing facility management.

Through its Cinema City International division, Elbit Imaging operates a network of multiplex cinemas across Central and Eastern Europe.

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