Media technology

Short-term stake in Integrated Media Technology Limited (NASDAQ:IMTE) drops 18.2%


Integrated Media Technology Limited (NASDAQ: IMTEGet a rating) recorded a significant drop in short-term interest rates during the month of April. As of April 30, there was short interest totaling 101,900 shares, down 18.2% from the April 15 total of 124,600 shares. Based on an average daily volume of 982,700 shares, the short interest ratio is currently 0.1 day. Currently, 1.5% of the company’s shares are sold short.

Shares of IMTE Action traded at $0.19 in midday trading on Tuesday, reaching $5.47. 10,985 shares of the stock trade in hands, compared to its average volume of 1,121,111. The stock’s fifty-day moving average is $9.85 and its two-hundred-day moving average is 7 $.28. Integrated Media Technology has a 52-week low of $3.42 and a 52-week high of $38.48. The company has a debt ratio of 0.10, a quick ratio of 0.34 and a current ratio of 0.34.

A hedge fund recently bought a new stake in Integrated Media Technology stock. Susquehanna International Group LLP acquired a new position in Integrated Media Technology Limited (NASDAQ: IMTEGet a rating) during the 4th quarter, according to its most recent communication with the Securities and Exchange Commission (SEC). The fund bought 38,611 shares of the company, valued at around $172,000. Susquehanna International Group LLP owned approximately 0.41% of Integrated Media Technology at the end of the last quarter. Institutional investors and hedge funds own 0.46% of the company’s shares.

About Embedded Media Technology (Get a rating)

Integrated Media Technology Limited develops, sells and distributes 3D autostereoscopic display (ASD) technology products and services in Hong Kong, China, Korea, Singapore and Australia. The Company is focused on the marketing and sale of autostereoscopic display (ASD) products; ASD technology displays and marvel3DPro super-workstations; lenticular material and switchable lenticular material products; ASD digital signage displays; switchable glass products; Internet of Things products; and nano-coated air filters.

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