Integrated Media Technology Limited (NASDAQ:IMTE) Sees Large Increase in Short Interest

Integrated Media Technology Limited (NASDAQ:IMTE) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 26,500 shares, a growth of 5.6% from the November 15th total of 25,100 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 36,900 shares, the days-to-cover ratio is currently 0.7 days.

Integrated Media Technology Price Performance

Integrated Media Technology stock opened at $1.22 on Wednesday. Integrated Media Technology has a 12-month low of $1.06 and a 12-month high of $3.84. The firm’s 50-day moving average is $1.34 and its two-hundred day moving average is $1.49.

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.