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

Impax Asset Management Group Plc (OTCMKTS:IPXAF – Get Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 12,183 shares, a decline of 51.4% from the July 15th total of 25,090 shares. Based on an average daily trading volume, of 83 shares, the days-to-cover ratio is currently 146.8 days.

Impax Asset Management Group Stock Performance

Impax Asset Management Group stock remained flat at $1.40 during trading on Monday. The stock’s 50 day moving average price is $1.42 and its 200-day moving average price is $1.61. Impax Asset Management Group has a one year low of $1.34 and a one year high of $2.82.

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Impax Asset Management Group Company Profile

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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.

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