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

Imperial Brands PLC (OTCMKTS:IMBBY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 66,200 shares, a growth of 23.3% from the June 30th total of 53,700 shares. Based on an average daily trading volume, of 146,300 shares, the short-interest ratio is currently 0.5 days.

Imperial Brands Stock Performance

Shares of OTCMKTS:IMBBY traded up $0.04 on Tuesday, reaching $27.87. The company’s stock had a trading volume of 76,776 shares, compared to its average volume of 123,061. Imperial Brands has a 52-week low of $18.94 and a 52-week high of $27.88. The company has a 50-day simple moving average of $25.93 and a 200 day simple moving average of $24.13.

Imperial Brands Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, August 23rd will be paid a $0.2752 dividend. The ex-dividend date is Friday, August 23rd.

About Imperial Brands

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.