Short Interest in Impax Asset Management Group Plc (OTCMKTS:IPXAF) Drops By 66.9%

Impax Asset Management Group Plc (OTCMKTS:IPXAF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,323 shares, a decrease of 66.9% from the August 15th total of 10,033 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Impax Asset Management Group Stock Performance

Shares of OTCMKTS IPXAF remained flat at $1.40 during mid-day trading on Friday. Impax Asset Management Group has a 1-year low of $1.34 and a 1-year high of $2.82. The company has a 50 day simple moving average of $1.43 and a 200-day simple moving average of $1.51.

About Impax Asset Management Group

Impax Asset Management Group Plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors. It employs both fundamental to make its investments. The company was formerly known as Impax Group plc and changed its name to Impax Asset Management Group plc in October 2009.