IPH Limited (OTCMKTS:IPHLF) Sees Large Drop in Short Interest

IPH Limited (OTCMKTS:IPHLF) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 58,300 shares, a decline of 8.5% from the December 31st total of 63,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

IPH Stock Performance

OTCMKTS IPHLF remained flat at $4.42 during trading hours on Monday. IPH has a 12 month low of $4.42 and a 12 month high of $5.00. The firm 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.