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

IP Group Plc (OTCMKTS:IPZYF) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 11,700 shares, an increase of 735.7% from the January 15th total of 1,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

IP Group Price Performance

Shares of IPZYF stock remained flat at $0.59 on Friday. The firm has a 50 day simple moving average of $0.59 and a 200-day simple moving average of $0.57. IP Group has a 12 month low of $0.51 and a 12 month high of $0.70.

IP Group Company Profile

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.