Ingenia Communities Group (OTCMKTS:INGEF) Stock Short Interest Report for September

Ingenia Communities Group (OTCMKTS:INGEF) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 245,748 shares, a decrease of 58.1% from the September 15th total of 585,970 shares. Based on an average daily trading volume, of 111 shares, the short-interest ratio is currently 2,213.9 days.

Ingenia Communities Group Stock Performance

Shares of OTCMKTS:INGEF opened at $3.16 on Tuesday. Ingenia Communities Group has a twelve month low of $2.45 and a twelve month high of $4.25. The company’s 50 day moving average is $2.92 and its 200 day moving average is $2.90.

About Ingenia Communities Group

Ingenia Communities Group is an Australian property group focused on developing, owning and operating communities designed primarily for older Australians, as well as holiday and lifestyle destinations. The group’s portfolio includes land-lease communities, residential rental villages and holiday parks.

Through its Ingenia Lifestyle business, the company develops and manages communities where residents own their homes while leasing the underlying land. Its Ingenia Gardens communities provide rental accommodation and services for older residents, while Ingenia Holiday Parks offers short-term accommodation and leisure facilities across a range of Australian destinations.

Ingenia Communities Group serves the Australian market, with properties and development activities in states including New South Wales, Queensland and Victoria.