Imperial Brands PLC (OTCMKTS:IMBBY) Short Interest Update

Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 118,400 shares, a growth of 20.6% from the March 15th total of 98,200 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 163,100 shares, the short-interest ratio is presently 0.7 days.

Imperial Brands Stock Performance

Shares of OTCMKTS:IMBBY traded down $0.08 during trading on Friday, hitting $40.24. 65,617 shares of the company were exchanged, compared to its average volume of 225,087. Imperial Brands has a 52-week low of $22.83 and a 52-week high of $40.42. The stock has a 50 day moving average of $36.61 and a 200 day moving average of $33.61. The company has a current ratio of 0.72, a quick ratio of 0.36 and a debt-to-equity ratio of 1.24.

Imperial Brands Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 7th. Investors of record on Friday, February 21st were issued a dividend of $0.6779 per share. The ex-dividend date was Friday, February 21st.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an "overweight" rating on shares of Imperial Brands in a research report on Tuesday, April 1st.

About Imperial Brands

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.