Short Interest in International Petroleum Co. (OTCMKTS:IPCFF) Rises By 5.2%

International Petroleum Co. (OTCMKTS:IPCFFGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 464,000 shares, an increase of 5.2% from the May 15th total of 440,900 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is currently 63.6 days.

International Petroleum Stock Performance

Shares of IPCFF opened at $12.59 on Thursday. The stock’s 50-day moving average price is $13.07 and its 200 day moving average price is $11.96. International Petroleum has a 12-month low of $7.69 and a 12-month high of $14.36.

About International Petroleum

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International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.

Further Reading

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