IGO Limited (OTCMKTS:IPGDF) Short Interest Update

IGO Limited (OTCMKTS:IPGDF) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 4,166,700 shares, a decline of 36.2% from the February 29th total of 6,528,000 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is currently 706.2 days.

IGO Stock Performance

OTCMKTS IPGDF remained flat at $5.02 during trading on Friday. IGO has a 52 week low of $4.29 and a 52 week high of $10.77. The company has a fifty day simple moving average of $4.97 and a two-hundred day simple moving average of $6.01.

IGO Company Profile

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.