Intchains Group Limited (NASDAQ:ICG) Short Interest Up 39.1% in November

Intchains Group Limited (NASDAQ:ICG) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,200 shares, an increase of 39.1% from the November 15th total of 2,300 shares. Based on an average daily trading volume, of 135,600 shares, the days-to-cover ratio is currently 0.0 days.

Intchains Group Stock Performance

Shares of NASDAQ:ICG opened at $5.07 on Friday. Intchains Group has a 52 week low of $3.21 and a 52 week high of $14.22. The company has a market cap of $303.89 million, a PE ratio of 46.09 and a beta of 0.93. The firm has a 50 day simple moving average of $4.39 and a 200 day simple moving average of $6.11.

About Intchains Group

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.