Intertek Group plc (OTCMKTS:IKTSY) Sees Significant Growth in Short Interest

Intertek Group plc (OTCMKTS:IKTSY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, a growth of 100.0% from the February 29th total of 500 shares. Based on an average trading volume of 9,500 shares, the days-to-cover ratio is currently 0.1 days.

Intertek Group Price Performance

IKTSY traded up $0.12 during trading on Thursday, reaching $63.41. The company had a trading volume of 2,438 shares, compared to its average volume of 8,750. Intertek Group has a 52 week low of $45.60 and a 52 week high of $64.82. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.58. The business has a 50 day simple moving average of $59.24 and a 200-day simple moving average of $53.80.

Intertek Group Company Profile

Intertek Group plc provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.