Short Interest in Intertek Group plc (OTCMKTS:IKTSY) Decreases By 69.1%

Intertek Group plc (OTCMKTS:IKTSY - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 4,600 shares, a decrease of 69.1% from the May 15th total of 14,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 23,300 shares, the short-interest ratio is currently 0.2 days.

Intertek Group Stock Down 0.9%

IKTSY stock traded down $0.61 during midday trading on Friday, reaching $64.79. 71,821 shares of the company were exchanged, compared to its average volume of 7,861. The company has a quick ratio of 1.25, a current ratio of 1.27 and a debt-to-equity ratio of 0.75. Intertek Group has a 1-year low of $51.96 and a 1-year high of $69.97. The stock's 50-day simple moving average is $62.76 and its 200 day simple moving average is $62.97.

Intertek Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, July 7th. Investors of record on Monday, June 2nd will be paid a dividend of $1.2528 per share. This is a positive change from Intertek Group's previous dividend of $0.66. This represents a yield of 2.96%. The ex-dividend date is Friday, May 30th.

Intertek Group 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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