International Petroleum Co. (OTCMKTS:IPCFF) Short Interest Down 7.1% in August

International Petroleum Co. (OTCMKTS:IPCFF) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 445,700 shares, a decline of 7.1% from the July 31st total of 479,600 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 108.7 days.

International Petroleum Price Performance

IPCFF opened at $14.53 on Monday. International Petroleum has a 1 year low of $8.58 and a 1 year high of $14.96. The firm has a 50 day moving average price of $14.08 and a 200 day moving average price of $13.00.

International Petroleum Company Profile

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.