IPH Limited (OTCMKTS:IPHLF) Short Interest Up 73.8% in December

IPH Limited (OTCMKTS:IPHLF) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 620,047 shares, a growth of 73.8% from the November 30th total of 356,720 shares. Based on an average daily trading volume, of 158 shares, the days-to-cover ratio is presently 3,924.3 days. Based on an average daily trading volume, of 158 shares, the days-to-cover ratio is presently 3,924.3 days.

IPH Price Performance

OTCMKTS IPHLF remained flat at $2.09 during midday trading on Friday. The stock has a fifty day simple moving average of $3.63 and a 200 day simple moving average of $4.14. IPH has a fifty-two week low of $2.09 and a fifty-two week high of $5.00.

About IPH

IPH Limited is a market-leading intellectual property services group based in Australia, trading on the OTC market under the symbol IPHLF. The company offers a comprehensive suite of IP advisory, prosecution and management services to clients across industries such as technology, life sciences, consumer goods and engineering. Through its network of specialist patent and trademark attorneys, patent engineers and support staff, IPH assists inventors, small and medium-sized enterprises and multinational corporations in protecting and enforcing their intangible assets.

The group’s core offerings include patent and trademark filing and prosecution, design registrations, IP strategy development, portfolio management, licensing support and enforcement advice.