IP Group Plc (OTCMKTS:IPZYF – Get Free Report) was the target of a large increase in short interest in 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 presently ∞ days.
IP Group Price Performance
Shares of IPZYF stock opened at $0.91 on Friday. The company’s 50-day moving average price is $0.85 and its 200-day moving average price is $0.82. IP Group has a twelve month low of $0.76 and a twelve month high of $0.91.
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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