Short Interest in IG Group Holdings plc (OTCMKTS:IGGHY) Increases By 7.1%

IG Group Holdings plc (OTCMKTS:IGGHY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,500 shares, an increase of 7.1% from the May 31st total of 1,400 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 7.5 days.

IG Group Stock Performance

IG Group stock opened at $10.10 on Wednesday. The company’s 50-day moving average price is $10.08 and its 200-day moving average price is $9.52. IG Group has a twelve month low of $7.30 and a twelve month high of $10.75.

About IG Group

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.