Posted by admin on Aug 11th, 2022

Integrated Media Technology Limited (NASDAQ:IMTE – Get Rating) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 77,700 shares, a decrease of 68.0% from the July 15th total of 242,600 shares. Based on an average trading volume of 2,440,000 shares, the short-interest ratio is presently 0.0 days.

IMTE stock opened at $1.73 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.34 and a current ratio of 0.34. The company’s 50-day simple moving average is $3.32 and its 200 day simple moving average is $6.60. Integrated Media Technology has a 52 week low of $1.31 and a 52 week high of $38.48.

A hedge fund recently bought a new stake in Integrated Media Technology stock. Powell Investment Advisors LLC acquired a new position in shares of Integrated Media Technology Limited (NASDAQ:IMTE – Get Rating) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $39,000. Powell Investment Advisors LLC owned 0.11% of Integrated Media Technology as of its most recent SEC filing. Institutional investors own 0.46% of the company’s stock.

Integrated Media Technology Limited offers laminated switchable glass, nano-coated plate filter, air filter, and Internet of Things (IoT) products. It also engages in the provision of financial research services; development of Ouction platform, a non-fungible token trading marketplace; and distribution of halal food products.

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