Impax Asset Management Group Plc (OTCMKTS:IPXAF) Sees Large Decline in Short Interest

Impax Asset Management Group Plc (OTCMKTS:IPXAF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 3,323 shares, a decline of 66.9% from the August 15th total of 10,033 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Impax Asset Management Group Price Performance

OTCMKTS IPXAF remained flat at $1.40 on Monday. The firm’s fifty day moving average is $1.43 and its two-hundred day moving average is $1.51. Impax Asset Management Group has a twelve month low of $1.34 and a twelve month high of $2.82.

About Impax Asset Management Group

Impax Asset Management Group Plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors. It employs both fundamental to make its investments. The company was formerly known as Impax Group plc and changed its name to Impax Asset Management Group plc in October 2009.