Short Interest in IGG Inc (OTCMKTS:IGGGF) Decreases By 38.7%

IGG Inc (OTCMKTS:IGGGF) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 207,171 shares, a drop of 38.7% from the August 15th total of 338,225 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

IGG Stock Performance

Shares of OTCMKTS:IGGGF remained flat at $0.38 on Thursday. The stock had a trading volume of 1,000 shares, compared to its average volume of 2,913. IGG has a 12 month low of $0.35 and a 12 month high of $0.63. The company’s 50 day moving average price is $0.42 and its 200-day moving average price is $0.42.

About IGG

IGG Inc is a global developer and publisher of mobile and online games, best known for titles such as Lords Mobile and Castle Clash. The company focuses on free-to-play strategy and role-playing games that engage millions of users through real-time multiplayer features, guild systems and in-game events. IGG’s products are available on major app stores and through its own distribution platforms, with regular content updates designed to foster player retention and community interaction.

Founded in 2006 and listed on the Hong Kong Stock Exchange in 2013, IGG has grown from a regional game studio into an international entertainment provider.