Short Interest in Intertek Group plc (OTCMKTS:IKTSF) Increases By 17.1%

Intertek Group plc (OTCMKTS:IKTSF) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 36,300 shares, an increase of 17.1% from the August 31st total of 31,000 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 72.6 days.

Intertek Group Price Performance

Intertek Group stock remained flat at $66.34 during mid-day trading on Monday. The company’s stock had a trading volume of 7 shares, compared to its average volume of 531. The firm’s 50-day moving average is $64.07 and its two-hundred day moving average is $62.89. Intertek Group has a one year low of $45.55 and a one year high of $67.25.

Intertek Group Company Profile

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.