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Imperial Brands PLC (OTCMKTS:IMBBY) Short Interest Down 29.6% in March

Imperial Brands logo with Consumer Staples background

Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 98,200 shares, a decline of 29.6% from the February 28th total of 139,500 shares. Based on an average trading volume of 408,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Imperial Brands Trading Up 4.0 %

OTCMKTS IMBBY traded up $1.46 during trading on Thursday, hitting $38.08. 107,566 shares of the company's stock traded hands, compared to its average volume of 235,642. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.72 and a quick ratio of 0.36. The business has a 50 day moving average of $35.15 and a 200-day moving average of $32.43. Imperial Brands has a 12-month low of $21.36 and a 12-month high of $38.25.

Imperial Brands Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, February 21st will be issued a $0.6779 dividend. The ex-dividend date of this dividend is Friday, February 21st.

Imperial Brands Company Profile

(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.

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