Imperial Brands PLC (OTCMKTS:IMBBY) Short Interest Update

Imperial Brands PLC (OTCMKTS:IMBBY) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 53,300 shares, an increase of 270.1% from the January 15th total of 14,400 shares. Based on an average daily volume of 223,800 shares, the days-to-cover ratio is presently 0.2 days.

Imperial Brands Stock Performance

Shares of OTCMKTS IMBBY traded up $0.62 during trading on Wednesday, hitting $36.02. 501,293 shares of the company traded hands, compared to its average volume of 189,477. The company has a quick ratio of 0.36, a current ratio of 0.72 and a debt-to-equity ratio of 1.24. Imperial Brands has a 1 year low of $21.30 and a 1 year high of $36.05. The company has a 50-day moving average price of $32.78 and a 200-day moving average price of $30.55.

Imperial Brands Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.6779 per share. The ex-dividend date 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.