IP Group Plc (OTCMKTS:IPZYF) Short Interest Update

IP Group Plc (OTCMKTS:IPZYF) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 364 shares, a decrease of 99.6% from the December 15th total of 102,591 shares. Based on an average daily trading volume, of 90,909 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 90,909 shares, the short-interest ratio is currently 0.0 days.

IP Group Price Performance

IPZYF stock remained flat at $0.79 during mid-day trading on Monday. IP Group has a 12 month low of $0.76 and a 12 month high of $0.81. The company’s fifty day simple moving average is $0.75 and its 200 day simple moving average is $0.70.

IP Group Company Profile

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.