Integrated Media Technology Limited (NASDAQ:IMTE) Short Interest Up 22.2% in October

Integrated Media Technology Limited (NASDAQ:IMTE) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,100 shares, a growth of 22.2% from the September 30th total of 900 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 0.2 days.

Integrated Media Technology Stock Performance

Shares of NASDAQ IMTE traded up $0.10 during mid-day trading on Wednesday, reaching $2.08. 368,748 shares of the company traded hands, compared to its average volume of 19,869. The company’s fifty day moving average is $1.37 and its two-hundred day moving average is $1.72. Integrated Media Technology has a fifty-two week low of $1.06 and a fifty-two week high of $4.57.

About Integrated Media Technology

Integrated Media Technology Limited engages in the manufacture and sale of laminated switchable glass, nano-coated plate for filters, air purifiers, and Internet of Things (IoT) products. It also engages in the sale of electronic glass; operation of Ouction, a non-fungible token trading marketplace; and provision of halal certification and distribution of halal products.