Short Interest in India Globalization Capital, Inc. (IGC) Grows By 9.7%
India Globalization Capital, Inc. (NYSEAMERICAN:IGC) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 544,309 shares, a growth of 9.7% from the November 15th total of 496,028 shares. Based on an average daily trading volume, of 556,258 shares, the days-to-cover ratio is currently 1.0 days. Approximately 2.5% of the company’s stock are short sold.
Shares of India Globalization Capital (IGC) traded up $0.01 during trading hours on Monday, reaching $0.79. 881,916 shares of the company’s stock traded hands, compared to its average volume of 366,124. India Globalization Capital has a 52-week low of $0.23 and a 52-week high of $0.98.
India Globalization Capital (NYSEAMERICAN:IGC) last issued its quarterly earnings results on Monday, November 20th. The construction company reported ($0.01) EPS for the quarter. The business had revenue of $0.24 million for the quarter. India Globalization Capital had a negative return on equity of 25.75% and a negative net margin of 817.04%.
ILLEGAL ACTIVITY WARNING: “Short Interest in India Globalization Capital, Inc. (IGC) Grows By 9.7%” was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/11/short-interest-in-india-globalization-capital-inc-igc-grows-by-9-7.html.
India Globalization Capital Company Profile
India Globalization Capital, Inc develops intellectual property for the treatment of life altering or life threatening conditions, through its research on phytocannabinoid-based therapies, in the United States. The Company also builds farming facilities for leasing. In Malaysia, the Company develops and manages residential and commercial real estate.
Receive News & Ratings for India Globalization Capital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for India Globalization Capital Inc. and related companies with MarketBeat.com's FREE daily email newsletter.