Integrated Media Technology Limited (NASDAQ:IMTE) Shares Shorted: Short Interest Up 170.1% in September

Integrated Media Technology Limited (NASDAQ:IMTE – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 36,790 shares, a growth of 170.1% from the September 15th total of 13,621 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,761 shares, the days-to-cover ratio is currently 1.5 days.

Integrated Media Technology Price Performance

IMTE stock traded down $0.00 during trading on Monday, hitting $0.48. The company had a trading volume of 1,830 shares, compared to its average volume of 509,010. The company has a fifty day moving average price of $0.48 and a two-hundred day moving average price of $0.52. Integrated Media Technology has a fifty-two week low of $0.40 and a fifty-two week high of $1.34.

Integrated Media Technology Company Profile

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Integrated Media Technology Limited is an Australia-based media and entertainment technology company. The company focuses on the development, marketing and distribution of products and solutions designed to deliver digital media content, including three-dimensional and autostereoscopic display technologies.

Its product and service offerings have included 3D display systems, digital signage and related digital media products for commercial, entertainment and other applications. The company has also been involved in developing and distributing content and technology intended to support 3D media experiences.

Integrated Media Technology has operated in Australia and has pursued business activities involving markets in Greater China and other parts of Asia.

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