Short Interest in Imperial Brands PLC (OTCMKTS:IMBBY) Declines By 29.6%

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

Imperial Brands Trading Up 1.5 %

Shares of IMBBY stock traded up $0.56 during trading hours on Tuesday, hitting $37.14. The stock had a trading volume of 65,046 shares, compared to its average volume of 242,136. The stock's 50 day moving average is $34.96 and its 200 day moving average is $32.35. Imperial Brands has a twelve month low of $21.36 and a twelve month high of $37.17. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.72 and a quick ratio of 0.36.

Imperial Brands Cuts Dividend

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

Imperial Brands Company Profile

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.