Imperial Tobacco Group PLC (OTCMKTS:IMBBY) Short Interest Up 306.2% in July

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 179,755 shares, a growth of 306.2% from the June 30th total of 44,255 shares. Based on an average daily volume of 373,368 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of brokerages have recently commented on IMBBY. UBS Group downgraded Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. BTIG Research assumed coverage on shares of Imperial Tobacco Group in a research report on Wednesday. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Imperial Tobacco Group Stock Up 0.4%

IMBBY opened at $37.47 on Friday. The business has a fifty day simple moving average of $37.30 and a 200-day simple moving average of $39.85. Imperial Tobacco Group has a 52 week low of $35.50 and a 52 week high of $45.60. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.31 and a current ratio of 0.70.

Imperial Tobacco Group Company Profile

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.