Short Interest in IPH Limited (OTCMKTS:IPHLF) Drops By 8.5%

IPH Limited (OTCMKTS:IPHLF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 58,300 shares, a drop of 8.5% from the December 15th total of 63,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

IPH Price Performance

Shares of IPH stock opened at $4.42 on Monday. IPH has a 12 month low of $4.42 and a 12 month high of $5.00. The business has a 50 day simple moving average of $4.42 and a two-hundred day simple moving average of $4.42.

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.