Infinite Group, Inc. (OTCMKTS:IMCI) Sees Large Growth in Short Interest

Infinite Group, Inc. (OTCMKTS:IMCIGet Rating) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 73,300 shares, an increase of 36,550.0% from the April 30th total of 200 shares. Based on an average daily volume of 202,800 shares, the days-to-cover ratio is currently 0.4 days.

Shares of Infinite Group stock traded up $0.02 during trading on Wednesday, reaching $0.20. The company had a trading volume of 120,011 shares, compared to its average volume of 37,201. The firm’s fifty day moving average is $0.20 and its 200-day moving average is $0.16. Infinite Group has a fifty-two week low of $0.07 and a fifty-two week high of $0.42.

About Infinite Group (Get Rating)

Infinite Group, Inc develops cybersecurity software in the United States. It offers Nodeware, a patented software-as-a-service solution that automates network asset identification, and cybersecurity vulnerability management and monitoring; and distributes Webroot, a cloud-based endpoint security platform solution.

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