iMedia Brands, Inc. (NASDAQ:IMBIL – Get Rating) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 2,600 shares, an increase of 52.9% from the February 13th total of 1,700 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 0.4 days.
iMedia Brands Stock Down 3.4 %
Shares of IMBIL traded down $0.36 during mid-day trading on Friday, reaching $10.30. The company's stock had a trading volume of 7,708 shares, compared to its average volume of 4,251. The company has a fifty day moving average price of $9.98. iMedia Brands has a 1 year low of $5.33 and a 1 year high of $22.79.
Get iMedia Brands alerts:iMedia Brands Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th will be given a $0.5313 dividend. This represents a $2.13 annualized dividend and a dividend yield of 20.63%. The ex-dividend date is Tuesday, March 14th.
Recommended Stories
- Get a free copy of the StockNews.com research report on iMedia Brands (IMBIL)
- What the SVB Financial Collapse Means for U.S. Banks
- MarketBeat Week in Review – 3/6 – 3/10
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
Receive News & Ratings for iMedia Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMedia Brands and related companies with MarketBeat.com's FREE daily email newsletter.