Intertek Group plc (OTCMKTS:IKTSY) Short Interest Down 90.9% in April

Intertek Group plc (OTCMKTS:IKTSY - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 90.9% from the March 31st total of 1,100 shares. Based on an average daily volume of 20,500 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Intertek Group Price Performance

OTCMKTS:IKTSY traded up $0.13 during mid-day trading on Thursday, hitting $61.49. The stock had a trading volume of 2,640 shares, compared to its average volume of 6,333. The company has a 50 day simple moving average of $62.94 and a 200-day simple moving average of $62.08. Intertek Group has a 52 week low of $51.96 and a 52 week high of $69.97. The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 0.75.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Intertek Group from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, January 24th.

About Intertek Group

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.