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

Inception Growth Acquisition Limited (NASDAQ:IGTA) was the target of a large growth in short interest in 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. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

Inception Growth Acquisition Stock Down 0.5 %

Shares of NASDAQ IGTA traded down $0.06 during midday trading on Wednesday, hitting $11.84. The company had a trading volume of 11,778 shares, compared to its average volume of 13,902. Inception Growth Acquisition has a twelve month low of $10.63 and a twelve month high of $12.49. The business has a 50-day simple moving average of $11.49 and a two-hundred day simple moving average of $11.37.

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.