IP Group Plc (OTCMKTS:IPZYF – Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 18,450 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
IP Group Price Performance
IPZYF stock opened at $0.85 on Wednesday. IP Group has a 12-month low of $0.76 and a 12-month high of $0.88. The stock’s 50 day simple moving average is $0.84 and its 200 day simple moving average is $0.82.
About IP Group
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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