Intchains Group Limited (NASDAQ:ICG) Short Interest Update

Intchains Group Limited (NASDAQ:ICG) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 11,200 shares, a growth of 250.0% from the November 30th total of 3,200 shares. Based on an average daily trading volume, of 155,700 shares, the days-to-cover ratio is currently 0.1 days.

Intchains Group Trading Up 56.3 %

NASDAQ ICG traded up $3.36 on Friday, reaching $9.33. The company’s stock had a trading volume of 609,732 shares, compared to its average volume of 57,384. Intchains Group has a 52 week low of $3.21 and a 52 week high of $14.22. The firm has a market cap of $559.22 million, a PE ratio of 84.83 and a beta of 0.93. The business has a 50-day moving average price of $4.81 and a 200 day moving average price of $6.02.

Intchains Group Company Profile

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.