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.

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.

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