International Petroleum Co. (OTCMKTS:IPCFF) Sees Significant Growth in Short Interest

International Petroleum Co. (OTCMKTS:IPCFF) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 444,400 shares, a growth of 22.9% from the January 31st total of 361,700 shares. Based on an average daily volume of 14,000 shares, the days-to-cover ratio is currently 31.7 days.

International Petroleum Price Performance

IPCFF stock remained flat at $13.29 during trading on Wednesday. 5,622 shares of the company traded hands, compared to its average volume of 10,301. International Petroleum has a 52 week low of $9.58 and a 52 week high of $14.96. The firm has a 50-day moving average of $13.14 and a 200 day moving average of $12.46.

About International Petroleum

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.