Intertek Group plc (OTCMKTS:IKTSY) Short Interest Up 117.6% in February

Intertek Group plc (OTCMKTS:IKTSY) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 3,700 shares, a growth of 117.6% from the February 13th total of 1,700 shares. Based on an average trading volume of 9,100 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Barclays raised shares of Intertek Group from a “strong sell” rating to a “strong-buy” rating in a report on Friday, January 24th.

Intertek Group Trading Up 0.4 %

Shares of OTCMKTS:IKTSY opened at $64.27 on Friday. The company’s fifty day moving average price is $64.34 and its 200-day moving average price is $63.29. Intertek Group has a one year low of $55.84 and a one year high of $69.97. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.27 and a quick ratio of 1.25.

Intertek Group Company Profile

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.