Short Interest in IMI plc (OTCMKTS:IMIAF) Increases By 223.8%

IMI plc (OTCMKTS:IMIAF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 6,800 shares, an increase of 223.8% from the November 30th total of 2,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 68.0 days.

IMI Stock Performance

Shares of OTCMKTS:IMIAF remained flat at $23.57 during mid-day trading on Friday. The stock has a 50 day moving average of $22.93 and a 200 day moving average of $23.42. IMI has a one year low of $20.15 and a one year high of $25.00.

About IMI

IMI plc, an engineering company, engages in the design, manufacturing, and servicing of engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa. The company offers engineering protects for extreme temperatures and pressure environments; supplying flow control solutions in critical applications, including liquified natural gas (LNG) production, upstream oil and gas facilities, petrochemical processes, biopharma processing, combined cycle and nuclear power, marine, and other process industries; and installs severe service valves for supporting critical industrial plants and processes.