Imperial Brands PLC (OTCMKTS:IMBBY) Short Interest Down 29.6% in March

Imperial Brands PLC (OTCMKTS:IMBBY) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 98,200 shares, a decline of 29.6% from the February 28th total of 139,500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 408,300 shares, the short-interest ratio is currently 0.2 days.

Imperial Brands Stock Up 1.5 %

Shares of OTCMKTS IMBBY traded up $0.56 during trading hours on Monday, reaching $37.14. 65,046 shares of the stock were exchanged, compared to its average volume of 242,136. The stock’s fifty day simple moving average is $34.85 and its 200 day simple moving average is $32.29. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.72 and a quick ratio of 0.36. Imperial Brands has a 52 week low of $21.36 and a 52 week high of $37.17.

Imperial Brands Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.6779 per share. The ex-dividend date is Friday, February 21st.

About Imperial Brands

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.