International Petroleum Co. (OTCMKTS:IPCFF) Short Interest Up 69.3% in March

International Petroleum Co. (OTCMKTS:IPCFFGet Rating) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 95,000 shares, an increase of 69.3% from the March 15th total of 56,100 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is currently 8.0 days.

IPCFF traded down $0.04 on Friday, hitting $10.07. 13,264 shares of the stock were exchanged, compared to its average volume of 7,263. International Petroleum has a 12 month low of $3.75 and a 12 month high of $10.15. The business has a 50-day moving average of $8.28 and a two-hundred day moving average of $6.63.

Separately, Barclays upped their price objective on shares of International Petroleum from SEK 89 to SEK 114 in a research report on Wednesday, April 6th.

International Petroleum Company Profile (Get Rating)

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

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