Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY - Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 3,700 shares, an increase of 117.6% from the February 13th total of 1,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Intertek Group from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, January 24th.

Intertek Group Price Performance

OTCMKTS:IKTSY traded down $0.03 on Tuesday, reaching $64.50. 15,228 shares of the stock traded hands, compared to its average volume of 5,605. The company's fifty day simple moving average is $64.51 and its 200 day simple moving average is $63.27. Intertek Group has a 12 month low of $55.84 and a 12 month high of $69.97. The company has a quick ratio of 1.25, a current ratio of 1.27 and a debt-to-equity ratio of 0.75.

About Intertek Group

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.