Short Interest in Integrated Media Technology Limited (NASDAQ:IMTE) Grows By 17.3%

Integrated Media Technology Limited (NASDAQ:IMTE) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 31,800 shares, an increase of 17.3% from the December 15th total of 27,100 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,500 shares, the days-to-cover ratio is currently 0.8 days.

Integrated Media Technology Trading Up 2.8 %

IMTE stock traded up $0.04 during mid-day trading on Friday, hitting $1.29. 6,867 shares of the stock were exchanged, compared to its average volume of 17,498. The company has a current ratio of 1.33, a quick ratio of 0.20 and a debt-to-equity ratio of 0.78. The business has a fifty day moving average price of $1.27 and a 200 day moving average price of $1.41. Integrated Media Technology has a 12 month low of $1.06 and a 12 month high of $3.84.

About Integrated Media Technology

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.