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IMedia Brands, Inc. (NASDAQ:IMBIL) Sees Large Growth in Short Interest

Defense World ·  Jan 3, 2023 01:42

iMedia Brands, Inc. (NASDAQ:IMBIL – Get Rating) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,200 shares, a growth of 10.0% from the November 30th total of 2,000 shares. Based on an average trading volume of 7,100 shares, the short-interest ratio is presently 0.3 days.

iMedia Brands Price Performance

NASDAQ:IMBIL opened at $8.35 on Tuesday. iMedia Brands has a 1 year low of $5.33 and a 1 year high of $23.62. The firm has a 50 day moving average price of $8.60.

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iMedia Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Thursday, December 15th were issued a dividend of $0.5313 per share. This represents a $2.13 dividend on an annualized basis and a yield of 25.45%. The ex-dividend date was Wednesday, December 14th.

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