Short Interest in Inception Growth Acquisition Limited (NASDAQ:IGTA) Rises By 500.0%

Inception Growth Acquisition Limited (NASDAQ:IGTA) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 600 shares, a growth of 500.0% from the October 31st total of 100 shares. Based on an average daily volume of 6,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Inception Growth Acquisition Price Performance

Shares of IGTA remained flat at $11.72 during mid-day trading on Wednesday. The stock had a trading volume of 6,891 shares, compared to its average volume of 13,874. The stock’s 50 day moving average is $11.40 and its 200-day moving average is $11.33. Inception Growth Acquisition has a 12-month low of $10.63 and a 12-month high of $11.79.

About Inception Growth Acquisition

Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors.