Intertek Group plc (OTCMKTS:IKTSF) Sees Significant Decrease in Short Interest

Intertek Group plc (OTCMKTS:IKTSF) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 79,561 shares, a decrease of 17.9% from the March 31st total of 96,897 shares. Based on an average trading volume of 3,333 shares, the days-to-cover ratio is presently 23.9 days.

Intertek Group Stock Down 1.0%

Shares of OTCMKTS:IKTSF traded down $0.64 during midday trading on Thursday, reaching $66.00. The company’s stock had a trading volume of 337 shares, compared to its average volume of 1,426. Intertek Group has a twelve month low of $45.86 and a twelve month high of $69.35. The stock has a fifty day moving average of $56.77 and a 200 day moving average of $61.24.

Intertek Group Company Profile

Intertek Group plc is a global assurance, inspection, testing and certification company headquartered in London. It provides a broad range of quality and safety services to industries ranging from consumer goods and retail to electronics, chemicals, oil and gas, pharmaceuticals, and transportation. Through its network of more than 1,000 laboratories and over 1,000 offices across more than 100 countries, Intertek helps clients manage risk, ensure regulatory compliance and improve product performance.

The company’s core services include analytical testing, mechanical and electrical testing, inspection and auditing, product certification, and advisory services.