IP Group Plc (OTCMKTS:IPZYF – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is currently 0.1 days.
IP Group Stock Performance
Shares of OTCMKTS IPZYF remained flat at $0.91 during trading on Wednesday. The firm’s fifty day moving average price is $0.88 and its 200 day moving average price is $0.83. IP Group has a 52-week low of $0.76 and a 52-week high of $0.91.
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.
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