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IMedia Brands, Inc. (NASDAQ:IMBIL) Sees Large Increase in Short Interest

Defense World ·  Dec 14, 2022 15:02

iMedia Brands, Inc. (NASDAQ:IMBIL – Get Rating) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,000 shares, an increase of 53.8% from the November 15th total of 1,300 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 0.4 days.

iMedia Brands Stock Performance

IMBIL stock opened at $8.35 on Wednesday. The firm's 50 day moving average price is $9.69. iMedia Brands has a one year low of $6.71 and a one year high of $23.84.

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iMedia Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.5313 per share. This represents a $2.13 annualized dividend and a dividend yield of 25.45%. The ex-dividend date of this dividend is Wednesday, December 14th.

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