INTERTEK GP (OTCMKTS:IKTSY) Short Interest Down 97.4% in September

Key Points

• Short interest in INTERTEK GP significantly decreased by 97.4% in September, dropping from 3,800 shares to just 100 shares as of September 30th.
• The company announced a dividend payment of $0.7045, which has a yield of 312.0%, to be paid on October 22nd to investors of record on September 15th.
• INTERTEK GP's stock price increased by 0.5%, reaching $65.66 during recent trading, with a current ratio of 1.34 and a debt-to-equity ratio of 0.94.

INTERTEK GP (OTCMKTS:IKTSY - ) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 100 shares, a decrease of 97.4% from the September 15th total of 3,800 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 9,100 shares, the short-interest ratio is presently 0.0 days.

INTERTEK GP Trading Up 0.5%

Shares of OTCMKTS:IKTSY traded up $0.33 during trading hours on Thursday, reaching $65.66. The stock had a trading volume of 4,067 shares, compared to its average volume of 2,838. The company has a current ratio of 1.34, a quick ratio of 1.31 and a debt-to-equity ratio of 0.94. The firm's 50 day moving average is $64.61 and its 200-day moving average is $64.07. INTERTEK GP has a 1 year low of $51.96 and a 1 year high of $69.97.

INTERTEK GP Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 22nd. Investors of record on Monday, September 15th will be given a $0.7045 dividend. This represents a dividend yield of 312.0%. The ex-dividend date of this dividend is Friday, September 12th.

INTERTEK GP Company Profile

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.

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