IMI plc (OTCMKTS:IMIAF) Sees Large Growth in Short Interest

IMI plc (OTCMKTS:IMIAFGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 160,631 shares, an increase of 64.6% from the May 14th total of 97,612 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

IMI Price Performance

Shares of IMIAF stock opened at $36.75 on Tuesday. IMI has a 52 week low of $22.95 and a 52 week high of $38.93. The firm has a 50 day moving average of $36.70 and a 200-day moving average of $35.08.

About IMI

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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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