IMI plc (OTCMKTS:IMIAF) Short Interest Up 6.0% in November

IMI plc (OTCMKTS:IMIAF) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 47,900 shares, an increase of 6.0% from the October 31st total of 45,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 479.0 days.

IMI Price Performance

Shares of IMIAF stock opened at $22.98 on Wednesday. IMI has a twelve month low of $20.15 and a twelve month high of $25.00. The company’s 50-day moving average price is $23.26 and its 200-day moving average price is $23.52.

IMI Company Profile

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.