Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Short Interest Update

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 14,507 shares, a drop of 91.9% from the July 15th total of 179,755 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 533,183 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. UBS Group cut Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. BTIG Research began coverage on Imperial Tobacco Group in a report on Wednesday, July 22nd. They issued a “neutral” rating for the company. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Imperial Tobacco Group currently has a consensus rating of “Hold”.

Imperial Tobacco Group Trading Down 1.2%

Shares of OTCMKTS IMBBY traded down $0.44 during midday trading on Tuesday, reaching $35.65. 158,403 shares of the company’s stock traded hands, compared to its average volume of 183,021. The stock’s 50 day simple moving average is $37.25 and its 200-day simple moving average is $39.60. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.70 and a quick ratio of 0.31. Imperial Tobacco Group has a one year low of $35.36 and a one year high of $45.60.

Imperial Tobacco Group Company Profile

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.