InterPrivate Investment Partners V Inc (NASDAQ:IPVVU) Sees Large Increase in Short Interest

InterPrivate Investment Partners V Inc (NASDAQ:IPVVU) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,618 shares, a growth of 709.0% from the August 15th total of 200 shares. Based on an average daily volume of 4,472 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of InterPrivate Investment Partners V to a “hold” rating in a report on Saturday, June 13th.

InterPrivate Investment Partners V Stock Performance

Shares of IPVVU opened at $9.95 on Friday. The firm’s fifty day moving average price is $9.93. InterPrivate Investment Partners V has a 12 month low of $9.90 and a 12 month high of $10.00.