Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 5,300 shares, an increase of 47.2% from the November 30th total of 3,600 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

A number of analysts have recently commented on IKTSY shares. Royal Bank of Canada lowered Intertek Group from an “outperform” rating to a “sector perform” rating in a research note on Monday, October 21st. The Goldman Sachs Group raised shares of Intertek Group to a “strong-buy” rating in a report on Friday, October 11th.

Intertek Group Stock Down 0.0 %

OTCMKTS:IKTSY traded down $0.77 during trading hours on Monday, hitting $59.41. 1,723 shares of the company were exchanged, compared to its average volume of 9,934. Intertek Group has a one year low of $52.92 and a one year high of $69.79. The company has a fifty day simple moving average of $60.18 and a 200 day simple moving average of $62.30.

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.