Short Interest in IPH Limited (OTCMKTS:IPHLF) Grows By 73.8%

IPH Limited (OTCMKTS:IPHLF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 620,047 shares, an increase of 73.8% from the November 30th total of 356,720 shares. Based on an average daily trading volume, of 158 shares, the days-to-cover ratio is currently 3,924.3 days. Based on an average daily trading volume, of 158 shares, the days-to-cover ratio is currently 3,924.3 days.

IPH Stock Performance

OTCMKTS IPHLF remained flat at $2.09 during trading on Friday. IPH has a 12-month low of $2.09 and a 12-month high of $5.00. The firm has a fifty day simple moving average of $3.63 and a two-hundred day simple moving average of $4.14.

IPH Company Profile

IPH Limited is a market-leading intellectual property services group based in Australia, trading on the OTC market under the symbol IPHLF. The company offers a comprehensive suite of IP advisory, prosecution and management services to clients across industries such as technology, life sciences, consumer goods and engineering. Through its network of specialist patent and trademark attorneys, patent engineers and support staff, IPH assists inventors, small and medium-sized enterprises and multinational corporations in protecting and enforcing their intangible assets.

The group’s core offerings include patent and trademark filing and prosecution, design registrations, IP strategy development, portfolio management, licensing support and enforcement advice.