Imperial Brands PLC (OTCMKTS:IMBBY) Short Interest Update

Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 118,400 shares, an increase of 20.6% from the March 15th total of 98,200 shares. Based on an average daily trading volume, of 163,100 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an "overweight" rating on shares of Imperial Brands in a research report on Tuesday, April 1st.

Imperial Brands Price Performance

Shares of OTCMKTS IMBBY traded down $0.08 during trading hours on Friday, reaching $40.24. 65,617 shares of the stock traded hands, compared to its average volume of 225,087. The company's 50-day simple moving average is $36.50 and its two-hundred day simple moving average is $33.53. Imperial Brands has a 52-week low of $22.83 and a 52-week high of $40.42. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72.

Imperial Brands Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, February 21st were paid a dividend of $0.6779 per share. The ex-dividend date was Friday, February 21st.

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.