Inpex Co. ( OTCMKTS:IPXHF – Get Rating ) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 573,300 shares, a drop of 16.6% from the May 15th total of 687,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 5,733.0 days. Inpex Price Performance Shares of IPXHF remained flat at $11.76 during trading hours on Friday. The firm has a 50-day moving average of $10.93 and a 200 day moving average of $10.

https://www.dailypolitical.com/2023/06/17/inpex-co-otcmktsipxhf-sees-significant-drop-in-short-interest.html

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