Short Interest in Inception Growth Acquisition Limited (NASDAQ:IGTA) Increases By 866.7%

Inception Growth Acquisition Limited (NASDAQ:IGTA) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 5,800 shares, a growth of 866.7% from the November 15th total of 600 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 8,600 shares, the short-interest ratio is currently 0.7 days.

Inception Growth Acquisition Price Performance

Shares of NASDAQ IGTA traded down $0.06 during mid-day trading on Wednesday, hitting $11.84. 11,778 shares of the company were exchanged, compared to its average volume of 13,902. The stock has a 50 day simple moving average of $11.49 and a 200-day simple moving average of $11.37. Inception Growth Acquisition has a 1-year low of $10.63 and a 1-year high of $12.49.

Inception Growth Acquisition Company Profile

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.