Integrated Media Technology Limited (NASDAQ:IMTE) Sees Significant Growth in Short Interest

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 volume of 30,400 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% of the shares of the stock are sold short.

Integrated Media Technology Price Performance

NASDAQ:IMTE opened at $1.26 on Thursday. Integrated Media Technology has a 12-month low of $1.06 and a 12-month high of $3.84. The firm has a 50-day moving average price of $1.36 and a 200 day moving average price of $1.68.

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.