Is IMI PLC ORDINARY SHARES (OTCMKTS:IMIAF) a Buy? The Stock Reported more Sellers

IMI plc (OTCMKTS:IMIAF) Logo

The stock of IMI PLC ORDINARY SHARES (OTCMKTS:IMIAF) registered an increase of 66.27% in short interest. IMIAF’s total short interest was 55,200 shares in September as published by FINRA. Its up 66.27% from 33,200 shares, reported previously. With 100 shares average volume, it will take short sellers 552 days to cover their IMIAF’s short positions.

It closed at $11.75 lastly. It is up 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company has market cap of $3.41 billion. The company's IMI Critical Engineering division provides critical flow control solutions for vital energy and process industries. It currently has negative earnings. This division offers anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; and turbine by-pass valves for critical applications in conventional and nuclear power plants.

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