IG Acquisition Corp. (NASDAQ:IGACW – Get Rating) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 68,900 shares, a growth of 136.8% from the May 15th total of 29,100 shares. Based on an average daily volume of 38,400 shares, the short-interest ratio is presently 1.8 days.
Shares of NASDAQ IGACW remained flat at $$0.14 during midday trading on Friday. 8,794 shares of the stock were exchanged, compared to its average volume of 78,637. IG Acquisition has a 12 month low of $0.12 and a 12 month high of $1.20.
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