IGO Limited (OTCMKTS:IPGDF) Short Interest Up 101.9% in July

IGO Limited (OTCMKTS:IPGDFGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 57,524 shares, a growth of 101.9% from the June 30th total of 28,490 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

IGO Stock Performance

Shares of IGO stock opened at $4.49 on Wednesday. The stock has a 50 day moving average of $6.16 and a 200 day moving average of $5.92. IGO has a fifty-two week low of $2.66 and a fifty-two week high of $7.12.

About IGO

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IGO Limited, trading as IPGDF on the OTC Markets, is an Australian-based diversified mining and metals company with a strategic focus on battery-cycle commodities and precious metals. Originally founded as Independence Group NL in 1997, the company rebranded to IGO Limited in 2018 to reflect its evolving portfolio. IGO’s operations span the extraction, processing and marketing of key industrial minerals and metals that underpin the global energy transition.

The company’s core asset portfolio includes the Nova nickel–copper–cobalt operation in Western Australia, which produces mixed sulphide concentrate; a 50% interest in the Tropicana gold joint venture; and the Kwinana Nickel Refinery, which refines concentrate into battery-grade nickel products.

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