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Short Interest in Imperium Technology Group Limited (OTCMKTS:IPGGF) Rises Sharply

Imperium Technology Group Limited (OTCMKTS:IPGGF) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 74,900 shares, which represented a 751.1% increase from the April 30th total of 8,800 shares. With an average trading volume of 42,500 shares, the short-interest ratio is currently at 1.8 days.

On Wednesday, the stock of Imperium Technology Group was down by 2.7%, opening at a price of $0.54. The company’s fifty-day simple moving average is $0.52 and its 200-day simple moving average is $0.59. The stock has reached a high of $1.30 and a low of $0.21 within the past year.

Imperium Technology Group Limited is an investment holding company that operates in various industries including online gaming, cloud computing, data storage, Esports, property investment and money lending as well as household products in Hong Kong, the People’s Republic of China and internationally across East and South Asia . To stay updated on news and information about Imperium Technology Group you can sign up to receive daily email updates and ratings from MarketBeat.com .

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