IP Group Plc (OTCMKTS:IPZYF) Sees Large Drop in Short Interest

IP Group Plc (OTCMKTS:IPZYF) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 600 shares, a decrease of 91.5% from the December 31st total of 7,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

IP Group Price Performance

IP Group stock remained flat at $0.59 during trading hours on Tuesday. IP Group has a 52-week low of $0.51 and a 52-week high of $0.70. The firm’s fifty day simple moving average is $0.59 and its 200-day simple moving average is $0.56.

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.