Short Interest in Integrated Media Technology Limited (NASDAQ:IMTE) Grows By 17.3%

Integrated Media Technology Limited (NASDAQ:IMTE) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 31,800 shares, an increase of 17.3% from the December 15th total of 27,100 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 41,500 shares, the short-interest ratio is currently 0.8 days.

Integrated Media Technology Trading Up 2.8 %

NASDAQ:IMTE traded up $0.04 on Friday, hitting $1.29. The stock had a trading volume of 6,867 shares, compared to its average volume of 17,498. The business’s fifty day moving average is $1.27 and its 200 day moving average is $1.41. The company has a quick ratio of 0.20, a current ratio of 1.33 and a debt-to-equity ratio of 0.78. Integrated Media Technology has a 52 week low of $1.06 and a 52 week high of $3.84.

About Integrated Media Technology

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.