IGO Limited (OTCMKTS:IPGDF) Short Interest Up 97.3% in November

IGO Limited (OTCMKTS:IPGDF) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 4,485,700 shares, a growth of 97.3% from the November 15th total of 2,273,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 44,857.0 days.

IGO Price Performance

OTCMKTS IPGDF remained flat at $3.21 during trading on Friday. IGO has a 12 month low of $3.01 and a 12 month high of $6.35. The firm has a fifty day simple moving average of $3.48 and a 200 day simple moving average of $3.74.

IGO Company Profile

IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia.