IMI plc (OTCMKTS:IMIAF) Short Interest Update

IMI plc (OTCMKTS:IMIAF) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 15,600 shares, a decrease of 11.9% from the July 31st total of 17,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 78.0 days.

IMI Price Performance

OTCMKTS:IMIAF remained flat at $23.20 during mid-day trading on Friday. IMI has a 1 year low of $17.00 and a 1 year high of $24.25. The firm has a 50 day moving average of $23.53 and a two-hundred day moving average of $22.90.

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.