IMAX Corp. had an 8.8% increase in short interest in June, reaching 4,690,000 shares, with 11.1% of its stock sold short.
IMAX Corp. saw an 8.8% increase in short interest in June, reaching 4,690,000 shares. Currently, 11.1% of the company's stock is sold short. The days-to-cover ratio is 6.1 days based on an average daily volume of 765,100 shares. Some institutional investors have increased their positions, while Acadian Asset Management saw an increase of 178.7%. Analysts have a "Moderate Buy" consensus rating with a $22.00 price target.
July 18, 2024
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