Inception Growth Acquisition Limited (NASDAQ:IGTA) Short Interest Up 500.0% in November

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

Inception Growth Acquisition Stock Performance

IGTA remained flat at $11.72 during mid-day trading on Wednesday. 6,891 shares of the company’s stock were exchanged, compared to its average volume of 13,874. The stock’s 50-day moving average is $11.40 and its two-hundred day moving average is $11.33. Inception Growth Acquisition has a 1-year low of $10.63 and a 1-year high of $11.79.

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.