IperionX Limited (NASDAQ:IPX) Short Interest Down 8.2% in April

IperionX Limited (NASDAQ:IPX) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 30,100 shares, a drop of 8.2% from the March 31st total of 32,800 shares. Based on an average daily volume of 41,500 shares, the days-to-cover ratio is presently 0.7 days.

IperionX Trading Down 2.2 %

NASDAQ IPX traded down $0.31 during trading hours on Monday, hitting $13.87. 4,481 shares of the company were exchanged, compared to its average volume of 37,395. IperionX has a 52 week low of $5.11 and a 52 week high of $18.57. The stock has a 50-day moving average price of $14.62 and a 200 day moving average price of $11.58.

About IperionX

IperionX’s mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX’s breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.