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

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

IG Group Stock Performance

IGGHY stock opened at $10.10 on Thursday. The company has a fifty day moving average price of $10.10 and a 200 day moving average price of $9.52. IG Group has a 12 month low of $7.30 and a 12 month high of $10.75.

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.