IP Group Plc (OTCMKTS:IPZYF) Sees Large Increase in Short Interest

IP Group Plc (OTCMKTS:IPZYF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 256,500 shares, a growth of 1,523.4% from the February 28th total of 15,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

IP Group Stock Performance

Shares of OTCMKTS:IPZYF remained flat at $0.59 during mid-day trading on Thursday. IP Group has a one year low of $0.51 and a one year high of $0.70. The stock has a 50 day moving average of $0.59 and a 200 day moving average of $0.59.

About IP Group

IP Group Plc is a private equity and venture capital firm specializing in seed/startup, early venture, emerging growth, mature, mid venture, late venture, incubation, mezzanine in growth capital companies. It prefers to invest in energy, materials, healthcare, information technology, communication services, utilities, life sciences, deeptech, cleantech, chemicals, science and innovation companies.