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

IP Group Plc (OTCMKTS:IPZYF) was the recipient of a significant growth in short interest in 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 daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

IP Group Price Performance

Shares of OTCMKTS:IPZYF remained flat at $0.59 during midday trading on Wednesday. The stock’s 50-day simple moving average is $0.59 and its 200-day simple moving average is $0.59. IP Group has a 52 week low of $0.51 and a 52 week 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.