Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Sees Significant Increase in Short Interest

Imperial Tobacco Group PLC (OTCMKTS:IMBBYGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 161,692 shares, an increase of 142.5% from the May 14th total of 66,685 shares. Based on an average daily volume of 455,956 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Imperial Tobacco Group Price Performance

OTCMKTS IMBBY traded up $0.09 during trading on Friday, reaching $37.78. 132,059 shares of the company’s stock were exchanged, compared to its average volume of 244,295. The company has a quick ratio of 0.37, a current ratio of 0.74 and a debt-to-equity ratio of 1.57. The company has a 50 day moving average price of $38.26 and a two-hundred day moving average price of $41.01. Imperial Tobacco Group has a 1 year low of $35.90 and a 1 year high of $45.60.

Analyst Ratings Changes

Separately, UBS Group downgraded Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Imperial Tobacco Group has a consensus rating of “Hold”.

Read Our Latest Stock Report on Imperial Tobacco Group

About Imperial Tobacco Group

(Get Free Report)

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.

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