Short Interest in IP Group Plc (OTCMKTS:IPZYF) Drops By 78.3%

by · The Markets Daily

IP Group Plc (OTCMKTS:IPZYF – Get Free Report) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 102,591 shares, a decrease of 78.3% from the November 30th total of 472,771 shares. Based on an average trading volume of 54,727 shares, the short-interest ratio is currently 1.9 days. Based on an average trading volume of 54,727 shares, the short-interest ratio is currently 1.9 days.

IP Group Stock Performance

OTCMKTS:IPZYF traded down $0.00 during trading hours on Thursday, reaching $0.79. The stock had a trading volume of 500,000 shares, compared to its average volume of 267,000. The stock has a 50 day simple moving average of $0.73 and a 200 day simple moving average of $0.69. IP Group has a 12-month low of $0.76 and a 12-month high of $0.81.

About IP Group

(Get Free Report)

IP Group plc is a UK‐based intellectual property commercialization company that partners with leading universities and research institutions to identify, develop and invest in technology‐based businesses. Founded in 2001 and headquartered in London, the company supports the full life cycle of spin-out creation—from early‐stage research through to growth capital and exit. In addition to its primary listing on the London Stock Exchange, its American Depositary Shares trade in the United States under the ticker IPZYF on the OTC Markets.

The firm’s core activities include sourcing promising technologies from academic research, providing seed and venture funding, and offering strategic guidance on licensing, governance and business development.

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