Short Interest in International Petroleum Co. (OTCMKTS:IPCFF) Increases By 30.3%

International Petroleum Co. (OTCMKTS:IPCFF) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 579,100 shares, a growth of 30.3% from the February 13th total of 444,400 shares. Based on an average daily volume of 15,200 shares, the short-interest ratio is presently 38.1 days.

International Petroleum Price Performance

IPCFF stock traded up $0.32 during mid-day trading on Monday, reaching $14.04. The company had a trading volume of 13,177 shares, compared to its average volume of 9,992. International Petroleum has a 12 month low of $9.58 and a 12 month high of $14.96. The firm has a 50 day moving average of $13.47 and a 200 day moving average of $12.41.

About International Petroleum

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.