Integrated Media Technology Limited (NASDAQ:IMTE) sees sharp drop in short-term interest
Integrated Media Technology Limited (NASDAQ: IMTE – Get a rating) was the target of a significant drop in short interest in July. As of July 31, there was selling interest totaling 77,700 shares, down 68.0% from the July 15 total of 242,600 shares. Based on an average trading volume of 2,440,000 shares, the short-term interest rate ratio is currently 0.0 day.
Price performance of integrated multimedia technology
IMTE Action opened at $1.73 on Thursday. The company has a debt ratio of 0.10, a quick ratio of 0.34 and a current ratio of 0.34. The company’s 50-day simple moving average is $3.32 and its 200-day simple moving average is $6.60. Integrated Media Technology has a 52-week low of $1.31 and a 52-week high of $38.48.
Hedge funds weigh on embedded media technology
A hedge fund recently bought a new stake in Integrated Media Technology stock. Powell Investment Advisors LLC has acquired a new position in shares of Integrated Media Technology Limited (NASDAQ: IMTE – Get a rating) in the 2nd quarter, according to the company in its most recent communication with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company, valued at approximately $39,000. Powell Investment Advisors LLC owned 0.11% of Integrated Media Technology when it last filed with the SEC. Institutional investors hold 0.46% of the company’s shares.
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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