Ingles Markets

IMKTA

Ingles Markets, Inc. (stylized as ingles) is an American regional supermarket chain based in Black Mountain, North Carolina. As of August 2020, the company operates 197 supermarkets in the Southeastern United States. The company is listed on the NASDAQ under the ticker symbol IMKTA.As an adjunct to its supermarket business, Ingles owns and operates shopping centers, gas stations and a milk processing plant.

Ingles Markets has been a target of short sellers for a while. The current short interest of 7.54% is roughly at the average of the last 12 months (6.78%).