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Short Interest in Intertek Group plc (OTCMKTS:IKTSY) Expands By 1,273.0%

Intertek Group logo with Business Services background

Intertek Group plc (OTCMKTS:IKTSY - Get Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 50,800 shares, a growth of 1,273.0% from the February 28th total of 3,700 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 21,300 shares, the short-interest ratio is currently 2.4 days.

Intertek Group Trading Up 0.0 %

Shares of OTCMKTS:IKTSY traded up $0.01 during trading on Monday, hitting $64.54. 9,676 shares of the company were exchanged, compared to its average volume of 5,357. The firm's 50 day moving average price is $65.30 and its 200-day moving average price is $63.22. 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.

Wall Street Analyst Weigh In

Separately, Barclays raised Intertek Group from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, January 24th.

Read Our Latest Stock Report on IKTSY

Intertek Group Company Profile

(Get Free Report)

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.

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