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

Posted by Financial News Live on Nov 29th, 2024

Inception Growth Acquisition Limited (NASDAQ:IGTA – Get Free Report) saw a significant 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 volume of 6,900 shares, the days-to-cover ratio is currently 0.1 days.

Inception Growth Acquisition Price Performance

Inception Growth Acquisition stock traded down $0.02 on Friday, reaching $11.70. The company’s stock had a trading volume of 33,213 shares, compared to its average volume of 13,975. The business’s fifty day moving average price is $11.42 and its 200 day moving average price is $11.34. Inception Growth Acquisition has a twelve month low of $10.63 and a twelve month high of $11.79.

Inception Growth Acquisition Company Profile

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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.