IGG Inc (OTCMKTS:IGGGF) Sees Significant Growth in Short Interest

IGG Inc (OTCMKTS:IGGGF) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 495,900 shares, an increase of 29.1% from the March 31st total of 384,000 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is currently 160.0 days.

IGG Price Performance

IGG stock opened at $0.43 on Tuesday. The firm’s fifty day moving average price is $0.43 and its 200 day moving average price is $0.42. IGG has a 12-month low of $0.35 and a 12-month high of $0.85.

About IGG

IGG Inc, an investment holding company, develops and operates mobile and online games in Asia, North America, Europe, and internationally. It offers mobile, browser, PC, and client-based online games in 23 languages. It also licenses online games; and provides customer support and technical support services.