Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 139,500 shares, an increase of 469.4% from the February 13th total of 24,500 shares. Based on an average daily volume of 328,600 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company's shares are short sold.
Imperial Brands Stock Performance
Shares of OTCMKTS IMBBY traded up $0.47 during mid-day trading on Wednesday, reaching $35.86. The company had a trading volume of 423,809 shares, compared to its average volume of 268,357. The company has a current ratio of 0.72, a quick ratio of 0.36 and a debt-to-equity ratio of 1.24. Imperial Brands has a 52 week low of $21.36 and a 52 week high of $36.25. The business's 50-day moving average is $33.90 and its 200-day moving average is $31.67.
Imperial Brands Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, April 7th. Investors of record on Friday, February 21st will be issued a $0.6779 dividend. The ex-dividend date is Friday, February 21st.
About Imperial Brands
(
Get Free Report)
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.
Further Reading
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