Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Short Interest Up 142.5% in May

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 161,692 shares, a growth of 142.5% from the May 14th total of 66,685 shares. Based on an average daily volume of 455,956 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Imperial Tobacco Group Stock Performance

Shares of IMBBY stock traded up $0.09 during mid-day trading on Friday, reaching $37.78. 132,059 shares of the stock traded hands, compared to its average volume of 173,834. The stock’s fifty day simple moving average is $38.32 and its two-hundred day simple moving average is $41.03. Imperial Tobacco Group has a 1-year low of $35.90 and a 1-year high of $45.60. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.37 and a current ratio of 0.74.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Imperial Tobacco Group Company Profile

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.