International Petroleum Co. (OTCMKTS:IPCFF) Short Interest Up 10.4% in April

International Petroleum Co. (OTCMKTS:IPCFF) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 425,200 shares, a growth of 10.4% from the March 31st total of 385,000 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is currently 57.5 days.

International Petroleum Price Performance

IPCFF stock traded down $0.52 during mid-day trading on Wednesday, reaching $12.48. 984 shares of the stock traded hands, compared to its average volume of 6,354. International Petroleum has a 52-week low of $7.69 and a 52-week high of $13.16. The stock’s fifty day moving average is $11.91 and its 200-day moving average is $11.23.

About International Petroleum

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.