Short Interest in Integrated Media Technology Limited (NASDAQ:IMTE) Grows By 6.3%

Integrated Media Technology Limited (NASDAQ:IMTE) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 3,400 shares, an increase of 6.3% from the August 15th total of 3,200 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,300 shares, the short-interest ratio is presently 0.8 days.

Integrated Media Technology Stock Down 6.8 %

IMTE stock traded down $0.09 during midday trading on Tuesday, hitting $1.31. The company’s stock had a trading volume of 7,357 shares, compared to its average volume of 14,497. The company’s fifty day moving average price is $1.55 and its 200 day moving average price is $1.94. Integrated Media Technology has a twelve month low of $1.02 and a twelve month high of $4.57.

Integrated Media Technology Company Profile

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.