Imperium Technology Group Limited (OTCMKTS:IPGGF) Sees Large Growth in Short Interest

Imperium Technology Group Limited (OTCMKTS:IPGGF) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 107,400 shares, an increase of 43.4% from the May 15th total of 74,900 shares. Based on an average trading volume of 49,600 shares, the days-to-cover ratio is presently 2.2 days.

Imperium Technology Group Stock Performance

Shares of OTCMKTS IPGGF traded down 0.06 during midday trading on Friday, hitting 0.38. The stock had a trading volume of 9,100 shares, compared to its average volume of 18,222. The stock has a 50 day simple moving average of 0.52 and a 200-day simple moving average of 0.58. Imperium Technology Group has a 1 year low of 0.21 and a 1 year high of 1.30.

About Imperium Technology Group

Imperium Technology Group Limited, an investment holding company, engages in the online gaming, cloud computing and data storage, Esports, property investment, and money lending businesses; and provision of household products in Hong Kong, the People's Republic of China, East and South Asia, and internationally.