Inception Growth Acquisition Limited (NASDAQ:IGTA) Sees Significant Increase in Short Interest

Inception Growth Acquisition Limited (NASDAQ:IGTA) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 600 shares, an increase of 500.0% from the October 31st total of 100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 0.1 days.

Inception Growth Acquisition Price Performance

IGTA stock traded down $0.02 during trading on Friday, hitting $11.70. The company had a trading volume of 33,213 shares, compared to its average volume of 13,975. The company has a fifty day moving average price of $11.42 and a two-hundred day moving average price of $11.34. Inception Growth Acquisition has a fifty-two week low of $10.63 and a fifty-two week high of $11.79.

About Inception Growth Acquisition

Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors.