IP Group Plc (OTCMKTS:IPZYF – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 146,287 shares, an increase of 431.7% from the August 31st total of 27,515 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
IP Group Stock Performance
IP Group stock remained flat at $0.91 during trading on Friday. IP Group has a one year low of $0.76 and a one year high of $0.91. The stock’s 50 day moving average price is $0.91 and its 200-day moving average price is $0.86.
About IP Group
IP Group plc is a United Kingdom-based intellectual property business that develops and commercializes science and technology originating primarily from universities and research institutions. The company supports the formation and growth of technology businesses by providing capital, strategic guidance, management expertise and access to commercial networks.
Its investment activities focus on sectors including deep technology, healthcare and life sciences, clean technology, advanced materials, artificial intelligence and other research-intensive fields.
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