Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Sees Significant Increase in Short Interest

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 179,755 shares, an increase of 306.2% from the June 30th total of 44,255 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 373,368 shares, the short-interest ratio is presently 0.5 days.

Imperial Tobacco Group Price Performance

Shares of IMBBY opened at $37.47 on Monday. The stock has a 50 day moving average price of $37.30 and a 200 day moving average price of $39.84. Imperial Tobacco Group has a one year low of $35.50 and a one year high of $45.60. The company has a current ratio of 0.70, a quick ratio of 0.31 and a debt-to-equity ratio of 1.88.

Analyst Upgrades and Downgrades

IMBBY has been the topic of a number of analyst reports. BTIG Research assumed coverage on Imperial Tobacco Group in a research report on Wednesday, July 22nd. They set a “neutral” rating on the stock. UBS Group cut Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

About Imperial Tobacco Group

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.