IP Group Plc (OTCMKTS:IPZYF) Short Interest Update

IP Group Plc (OTCMKTS:IPZYF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 102,591 shares, a drop of 78.3% from the November 30th total of 472,771 shares. Based on an average daily trading volume, of 54,727 shares, the short-interest ratio is presently 1.9 days. Based on an average daily trading volume, of 54,727 shares, the short-interest ratio is presently 1.9 days.

IP Group Stock Performance

Shares of IPZYF stock traded down $0.00 during trading hours on Friday, reaching $0.79. 500,000 shares of the company’s stock were exchanged, compared to its average volume of 267,000. The stock’s 50 day moving average is $0.73 and its 200-day moving average is $0.69. IP Group has a fifty-two week low of $0.76 and a fifty-two week high of $0.81.

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.