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

IP Group Plc (OTCMKTS:IPZYF) was the recipient of a large decrease in short interest in the month of 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 short-interest ratio is presently ∞ days.

IP Group Price Performance

Shares of OTCMKTS:IPZYF remained flat at $0.59 during mid-day trading on Tuesday. The company’s 50 day moving average is $0.59 and its 200-day moving average is $0.56. 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.