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

IP Group Plc (OTCMKTS:IPZYF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 256,500 shares, an increase 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 Price Performance

Shares of OTCMKTS IPZYF opened at $0.59 on Friday. The firm’s 50-day moving average is $0.59 and its two-hundred day moving average is $0.59. IP Group has a 12-month low of $0.51 and a 12-month high of $0.70.

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.