Integrated Media Technology Limited (NASDAQ:IMTE) Brief Interest Update
Integrated Media Technology Limited (NASDAQ: IMTE – Get a rating) saw a sharp decline in short-term interest in June. As of June 30, there was short interest totaling 213,000 shares, down 31.8% from the June 15 total of 312,300 shares. Based on an average trading volume of 2,540,000 shares, the day-to-cover ratio is currently 0.1 day.
Institutional investors weigh in on embedded media technology
A hedge fund recently bought a new stake in Integrated Media Technology stock. Virtu Financial LLC acquired a new position in Integrated Media Technology Limited (NASDAQ: IMTE – Get a rating) in Q1, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,586 shares of the company, valued at around $361,000. Virtu Financial LLC owned approximately 0.12% of Integrated Media Technology when it last filed with the Securities and Exchange Commission. Institutional investors and hedge funds hold 0.46% of the company’s shares.
Embedded media technology trade up 2.3%
Shares of NASDAQ IMTE opened at $2.23 on Friday. The company has a fifty-day moving average of $4.86 and a 200-day moving average of $7.25. The company has a debt ratio of 0.10, a current ratio of 0.34 and a quick ratio of 0.34. Integrated Media Technology has a one-year low of $2.10 and a one-year high of $38.48.
About Embedded Media Technology
Integrated Media Technology Limited offers switchable laminated glass, nano-coated plate filter, air filter and Internet of Things (IoT) products. It also engages in the provision of financial research services; development of the Ouction platform, a non-fungible token trading market; and the distribution of halal food products.
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