IGO Limited (OTCMKTS:IPGDF) Short Interest Up 12.7% in February

IGO Limited (OTCMKTS:IPGDFGet Free Report) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 7,213,100 shares, a growth of 12.7% from the January 31st total of 6,400,700 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is presently 2,774.3 days.

IGO Stock Performance

OTCMKTS:IPGDF remained flat at $5.32 on Monday. The company has a fifty day simple moving average of $5.18 and a 200-day simple moving average of $6.43. IGO has a 52 week low of $4.29 and a 52 week high of $10.77.

IGO Company Profile

(Get Free Report)

IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia.

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