Impax Asset Management Group Plc (OTCMKTS:IPXAF) Sees Large Drop in Short Interest

Impax Asset Management Group Plc (OTCMKTS:IPXAF) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 3,844 shares, a drop of 75.9% from the April 15th total of 15,957 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Impax Asset Management Group Price Performance

OTCMKTS:IPXAF remained flat at $1.34 during mid-day trading on Friday. Impax Asset Management Group has a 1 year low of $1.34 and a 1 year high of $2.82. The firm has a 50 day moving average of $1.63 and a two-hundred day moving average of $1.98.

Impax Asset Management Group Company Profile

Impax Asset Management Group Plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors. It employs both fundamental to make its investments. The company was formerly known as Impax Group plc and changed its name to Impax Asset Management Group plc in October 2009.