IP Group Plc (OTCMKTS:IPZYF) Short Interest Down 91.5% in December

IP Group Plc (OTCMKTS:IPZYF) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 600 shares, a decrease of 91.5% from the December 15th 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

Shares of IP Group stock remained flat at $0.59 on Wednesday. The company’s 50-day simple moving average is $0.59 and its 200 day simple moving average is $0.56. IP Group has a one year low of $0.51 and a one year high of $0.70.

About IP Group

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.