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.

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

• Get a free copy of the StockNews.com research report on iMedia Brands (IMBIL)
• Dave & Buster's Rebound Could Score for Investors
• Cal-Maine: Is it Time to Chase this Stock Higher?
• The Most Important Warren Buffett Stock for Investors: His Own
• Three Mid Caps Wall Street Sees Doubling Within 12 Months
• It's No Stretch: Lululemon Could Break Out of its Range

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.