Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Stock Short Interest Jumps 309.2%

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 373,556 shares, an increase of 309.2% from the September 30th total of 91,296 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 685,322 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

IMBBY has been the subject of several recent analyst reports. BTIG Research initiated coverage on Imperial Tobacco Group in a research note on Wednesday, July 22nd. They set a “neutral” rating for the company. Jefferies Financial Group downgraded Imperial Tobacco Group from a “buy” rating to a “hold” rating in a research note on Monday, October 19th. Three research analysts have rated the stock with a Hold rating. According to MarketBeat, Imperial Tobacco Group has a consensus rating of “Hold”.

Imperial Tobacco Group Stock Up 1.5%

Shares of OTCMKTS:IMBBY opened at $39.19 on Friday. Imperial Tobacco Group has a twelve month low of $32.07 and a twelve month high of $45.60. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.31 and a current ratio of 0.70. The business has a fifty day moving average of $34.81 and a 200-day moving average of $38.28.

Imperial Tobacco Group Company Profile

Imperial Tobacco Group, now known as Imperial Brands plc, is a British multinational consumer goods company focused primarily on tobacco and nicotine products. Its portfolio includes cigarettes, fine-cut tobacco, cigars, rolling papers and other traditional tobacco products, as well as next-generation alternatives such as vaping products, heated tobacco and oral nicotine products.

The company markets a range of international and regional brands, including JPS, West, Davidoff, Gauloises, Gitanes, Lambert & Butler, Golden Virginia, Rizla and blu.