Integrated Media Technology Limited (NASDAQ:IMTE) Short Interest Down 16.7% in February

Integrated Media Technology Limited (NASDAQ:IMTE) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 9,500 shares, a drop of 16.7% from the January 31st total of 11,400 shares. Based on an average daily volume of 16,100 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

Integrated Media Technology Price Performance

IMTE traded up $0.01 during trading on Friday, reaching $1.15. The company had a trading volume of 3,721 shares, compared to its average volume of 21,009. The company has a current ratio of 1.33, a quick ratio of 0.20 and a debt-to-equity ratio of 0.78. Integrated Media Technology has a 12-month low of $1.06 and a 12-month high of $3.84. The firm’s 50-day simple moving average is $1.28 and its 200 day simple moving average is $1.32.

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.