Integrated Media Technology Limited (NASDAQ:IMTE) Sees Significant Growth in Short Interest

Integrated Media Technology Limited (NASDAQ:IMTE) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 61,700 shares, an increase of 5,509.1% from the October 15th total of 1,100 shares. Based on an average daily trading volume, of 30,400 shares, the short-interest ratio is currently 2.0 days. Currently, 2.4% of the shares of the stock are sold short.

Integrated Media Technology Stock Down 1.6 %

NASDAQ IMTE opened at $1.26 on Thursday. The company has a 50 day moving average of $1.36 and a 200-day moving average of $1.68. Integrated Media Technology has a 1-year low of $1.06 and a 1-year high of $3.84.

Integrated Media Technology Company Profile

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.