IMI plc (OTCMKTS:IMIAF) Short Interest Up 34.9% in May

IMI plc (OTCMKTS:IMIAFGet Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 20,500 shares, an increase of 34.9% from the April 30th total of 15,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 205.0 days.

IMI Price Performance

Shares of OTCMKTS IMIAF remained flat at $24.25 during midday trading on Thursday. IMI has a 52-week low of $17.00 and a 52-week high of $24.25. The firm has a 50-day moving average price of $22.67 and a two-hundred day moving average price of $21.19.

IMI Company Profile

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IMI plc, an engineering company, engages in the design, manufacturing, and servicing of engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa. The company offers engineering protects for extreme temperatures and pressure environments; supplying flow control solutions in critical applications, including liquified natural gas (LNG) production, upstream oil and gas facilities, petrochemical processes, biopharma processing, combined cycle and nuclear power, marine, and other process industries; and installs severe service valves for supporting critical industrial plants and processes.

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