Short Interest in International Petroleum Co. (OTCMKTS:IPCFF) Increases By 22.9%

International Petroleum Co. (OTCMKTS:IPCFF) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 444,400 shares, a growth of 22.9% from the January 31st total of 361,700 shares. Based on an average daily trading volume, of 14,000 shares, the days-to-cover ratio is currently 31.7 days.

International Petroleum Stock Performance

International Petroleum stock remained flat at $13.29 during trading hours on Thursday. 8,806 shares of the company’s stock traded hands, compared to its average volume of 10,301. International Petroleum has a 1 year low of $9.58 and a 1 year high of $14.96. The company’s fifty day moving average is $13.19 and its two-hundred day moving average is $12.47.

International Petroleum Company Profile

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.