Short Interest in IPH Limited (OTCMKTS:IPHLF) Declines By 59.0%

IPH Limited (OTCMKTS:IPHLF) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 128,900 shares, a decline of 59.0% from the June 30th total of 314,700 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 143.2 days.

IPH Stock Performance

Shares of IPHLF stock opened at $4.42 on Friday. IPH has a fifty-two week low of $4.42 and a fifty-two week high of $5.00. The stock has a 50 day moving average price of $4.42 and a two-hundred day moving average price of $4.59.

About IPH

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products in Australia, New Zealand, Asia, Canada, and internationally. It operates through four segments: Intellectual Property Services Australia & New Zealand, Intellectual Property Services Asia, Intellectual Property Services Canada, and Adjacent Businesses.