IMI plc (OTCMKTS:IMIAF – Get Free Report) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 40,722 shares, a drop of 75.0% from the January 29th total of 162,639 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
IMI Price Performance
OTCMKTS:IMIAF remained flat at $38.93 during mid-day trading on Thursday. The business has a fifty day moving average price of $33.47 and a 200 day moving average price of $31.37. IMI has a 1 year low of $22.95 and a 1 year high of $38.93.
About IMI
IMI plc (OTCMKTS: IMIAF) is a global engineering group specializing in the design, manufacture and servicing of fluid and motion control products. The company delivers advanced solutions for demanding applications in energy, transportation, infrastructure and industrial markets. Its portfolio encompasses valves, regulators, actuators and precision components engineered to optimise performance, reliability and safety across client operations.
Operations are organised into three core business segments: Critical Engineering, Precision Engineering and Hydronic Engineering.
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