IMI plc (OTCMKTS:IMIAF) Short Interest Up 223.8% in December

IMI plc (OTCMKTS:IMIAF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 6,800 shares, an increase of 223.8% from the November 30th total of 2,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 68.0 days.

IMI Price Performance

OTCMKTS IMIAF remained flat at $23.57 on Friday. IMI has a twelve month low of $20.15 and a twelve month high of $25.00. The business has a 50 day simple moving average of $22.93 and a 200 day simple moving average of $23.42.

IMI Company Profile

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.