Integrated Media Technology Limited (NASDAQ:IMTE) Short Interest Up 5,509.1% in October

Integrated Media Technology Limited (NASDAQ:IMTE) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 61,700 shares, a growth of 5,509.1% from the October 15th total of 1,100 shares. Based on an average daily trading volume, of 30,400 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% of the company’s stock are sold short.

Integrated Media Technology Price Performance

NASDAQ IMTE traded up $0.02 during trading hours on Tuesday, hitting $1.35. The company’s stock had a trading volume of 3,216 shares, compared to its average volume of 20,982. The company’s 50-day simple moving average is $1.37 and its two-hundred day simple moving average is $1.69. Integrated Media Technology has a 52 week low of $1.06 and a 52 week high of $3.84.

Integrated Media Technology Company Profile

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.