Short Interest in Intertek Group plc (OTCMKTS:IKTSF) Expands By 17.1%

Intertek Group plc (OTCMKTS:IKTSF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 36,300 shares, an increase of 17.1% from the August 31st total of 31,000 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 72.6 days.

Intertek Group Price Performance

IKTSF stock remained flat at $66.34 during mid-day trading on Monday. 1,196 shares of the company’s stock were exchanged, compared to its average volume of 531. The stock has a 50 day simple moving average of $64.07 and a 200-day simple moving average of $62.89. Intertek Group has a one year low of $45.55 and a one year high of $67.25.

About Intertek Group

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.