Integrated Media Technology Limited (NASDAQ:IMTE) Short Interest Update

Integrated Media Technology Limited (NASDAQ:IMTE) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 25,100 shares, a drop of 59.3% from the October 31st total of 61,700 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 31,700 shares, the days-to-cover ratio is presently 0.8 days.

Integrated Media Technology Stock Down 4.7 %

IMTE stock traded down $0.06 during trading on Friday, reaching $1.21. 12,096 shares of the stock were exchanged, compared to its average volume of 20,665. Integrated Media Technology has a twelve month low of $1.06 and a twelve month high of $3.84. The stock has a 50 day simple moving average of $1.32 and a 200-day simple moving average of $1.56.

About Integrated Media Technology

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.