International Petroleum Co. (OTCMKTS:IPCFF) Sees Significant Growth in Short Interest

International Petroleum Co. (OTCMKTS:IPCFF) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 365,300 shares, a growth of 10.6% from the December 15th total of 330,300 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is currently 34.1 days.

International Petroleum Trading Up 0.8 %

Shares of IPCFF stock opened at $13.18 on Monday. The firm’s 50-day simple moving average is $11.38 and its 200-day simple moving average is $12.57. International Petroleum has a 1-year low of $9.58 and a 1-year high of $14.96.

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.