Intertek Group plc (OTCMKTS:IKTSY - Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 14,900 shares, a growth of 1,762.5% from the April 30th total of 800 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is presently 1.9 days.
Intertek Group Price Performance
OTCMKTS IKTSY traded down $0.63 during trading hours on Friday, reaching $64.51. The company's stock had a trading volume of 7,275 shares, compared to its average volume of 6,646. Intertek Group has a 1-year low of $51.96 and a 1-year high of $69.97. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.25 and a current ratio of 1.27. The company's 50-day moving average is $62.46 and its two-hundred day moving average is $62.55.
Intertek Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, July 7th. Investors of record on Monday, June 2nd will be issued a $1.2528 dividend. This is a boost from Intertek Group's previous dividend of $0.66. The ex-dividend date is Friday, May 30th. This represents a yield of 2.96%.
About Intertek Group
(
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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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