Intchains Group Limited (NASDAQ:ICG) Short Interest Update

Intchains Group Limited (NASDAQ:ICG) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 14,900 shares, an increase of 33.0% from the December 31st total of 11,200 shares. Based on an average daily volume of 211,800 shares, the days-to-cover ratio is currently 0.1 days.

Intchains Group Stock Performance

Shares of NASDAQ:ICG remained flat at $4.19 during midday trading on Friday. The company had a trading volume of 19,231 shares, compared to its average volume of 363,678. Intchains Group has a twelve month low of $2.80 and a twelve month high of $12.04. The firm has a market capitalization of $251.15 million, a PE ratio of 38.09 and a beta of 1.26. The company’s fifty day moving average is $4.82 and its 200 day moving average is $5.44.

Intchains Group (NASDAQ:ICG) last announced its quarterly earnings data on Wednesday, November 20th. The company reported $0.01 earnings per share (EPS) for the quarter. Intchains Group had a return on equity of 4.77% and a net margin of 19.08%.

Intchains Group Company Profile

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.