Imperial Brands PLC (OTCMKTS:IMBBY) Short Interest Update

Imperial Brands PLC (OTCMKTS:IMBBYGet Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 6,400 shares, an increase of 16.4% from the September 30th total of 5,500 shares. Based on an average trading volume of 175,700 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on IMBBY shares. Barclays raised Imperial Brands to a “strong-buy” rating in a report on Wednesday, October 9th. Morgan Stanley upgraded Imperial Brands from an “equal weight” rating to an “overweight” rating in a research report on Thursday, October 3rd.

Check Out Our Latest Report on Imperial Brands

Imperial Brands Price Performance

Shares of OTCMKTS:IMBBY opened at $29.84 on Thursday. Imperial Brands has a one year low of $21.30 and a one year high of $30.36. The firm has a 50 day simple moving average of $29.14 and a 200 day simple moving average of $26.74.

Imperial Brands Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, November 29th will be paid a $0.6975 dividend. This is a boost from Imperial Brands’s previous dividend of $0.28. The ex-dividend date is Friday, November 29th.

About Imperial Brands

(Get Free Report)

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.

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