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

Impax Asset Management Group Plc (OTCMKTS:IPXAF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 24,236 shares, a growth of 520.6% from the May 31st total of 3,905 shares. Based on an average daily volume of 364 shares, the days-to-cover ratio is currently 66.6 days.

Impax Asset Management Group Price Performance

IPXAF stock remained flat at $1.38 during trading on Friday. Impax Asset Management Group has a 1 year low of $1.34 and a 1 year high of $2.82. The company has a 50 day moving average of $1.41 and a 200-day moving average of $1.77.

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.