IP Group Plc (OTCMKTS:IPZYF – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1 shares, an increase of ? from the June 30th total of 0 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is presently 0.1 days.
IP Group Price Performance
IPZYF stock remained flat at $0.91 during midday trading on Friday. The stock has a 50 day moving average price of $0.88 and a 200-day moving average price of $0.83. IP Group has a twelve month low of $0.76 and a twelve month high of $0.91.
About IP Group
IP Group plc is a UK?based intellectual property commercialization company that partners with leading universities and research institutions to identify, develop and invest in technology?based businesses. Founded in 2001 and headquartered in London, the company supports the full life cycle of spin-out creation—from early?stage research through to growth capital and exit. In addition to its primary listing on the London Stock Exchange, its American Depositary Shares trade in the United States under the ticker IPZYF on the OTC Markets.
The firm’s core activities include sourcing promising technologies from academic research, providing seed and venture funding, and offering strategic guidance on licensing, governance and business development.
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