Imperial Brands PLC (OTCMKTS:IMBBY) Sees Large Growth in Short Interest

Imperial Brands PLC (OTCMKTS:IMBBY) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 53,300 shares, an increase of 270.1% from the January 15th total of 14,400 shares. Based on an average daily trading volume, of 223,800 shares, the days-to-cover ratio is currently 0.2 days.

Imperial Brands Trading Up 0.4 %

Shares of IMBBY stock traded up $0.15 during trading hours on Thursday, hitting $36.17. 2,345,728 shares of the company were exchanged, compared to its average volume of 189,477. Imperial Brands has a fifty-two week low of $21.30 and a fifty-two week high of $36.25. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72. The company has a 50 day simple moving average of $32.85 and a two-hundred day simple moving average of $30.60.

Imperial Brands Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.6779 per share. The ex-dividend date of this dividend is Friday, February 21st.

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.