Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 5,500 shares, a drop of 38.2% from the September 15th total of 8,900 shares. Based on an average trading volume of 181,900 shares, the short-interest ratio is currently 0.0 days.
IMBBY opened at $29.53 on Friday. Imperial Brands has a twelve month low of $20.82 and a twelve month high of $29.69. The company has a fifty day moving average of $28.51 and a 200-day moving average of $26.01.
The business also recently declared a dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, August 23rd were issued a $0.2752 dividend. The ex-dividend date was Friday, August 23rd.
IMBBY has been the subject of several analyst reports. Barclays raised shares of Imperial Brands to a "strong-buy" rating in a research note on Wednesday. Morgan Stanley upgraded shares of Imperial Brands from an "equal weight" rating to an "overweight" rating in a research report on Thursday, October 3rd.
View Our Latest Analysis on IMBBY
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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