Short Interest in IG Group Holdings plc (OTCMKTS:IGGHY) Increases By 7.1%

IG Group Holdings plc (OTCMKTS:IGGHY) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,500 shares, a growth of 7.1% from the May 31st total of 1,400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 7.5 days.

IG Group Price Performance

OTCMKTS IGGHY opened at $10.10 on Wednesday. IG Group has a 52 week low of $7.30 and a 52 week high of $10.75. The firm’s 50-day simple moving average is $10.08 and its two-hundred day simple moving average is $9.52.

IG Group Company Profile

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.