Short Interest in IPH Limited (OTCMKTS:IPHLF) Declines By 59.0%

IPH Limited (OTCMKTS:IPHLF) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 128,900 shares, a decline of 59.0% from the June 30th total of 314,700 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 143.2 days.

IPH Price Performance

Shares of OTCMKTS IPHLF opened at $4.42 on Friday. IPH has a 12-month low of $4.42 and a 12-month high of $5.00. The stock’s fifty day simple moving average is $4.42 and its two-hundred day simple moving average is $4.59.

IPH Company Profile

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.