iMedia Brands, Inc. (NASDAQ:IMBIL – Get Rating) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a decrease of 92.3% from the February 28th total of 2,600 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is currently 0.0 days.
iMedia Brands Stock Performance
IMBIL traded up $0.08 during trading on Wednesday, hitting $7.55. 2,667 shares of the company traded hands, compared to its average volume of 4,015. The firm's fifty day moving average price is $9.99. iMedia Brands has a one year low of $5.33 and a one year high of $22.78.
Get iMedia Brands alerts:iMedia Brands Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Wednesday, March 15th will be given a dividend of $0.5313 per share. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $2.13 annualized dividend and a yield of 28.16%.
Further Reading
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