Short Interest in IPG Photonics Corporation (NASDAQ:IPGP) Rises By 28.5%

Short Interest in IPG Photonics Corporation (NASDAQ:IPGP) Rises By 28.5%

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 2,802,224 shares, a growth of 28.5% from the December 15th total of 2,180,801 shares. Based on an average daily volume of 311,457 shares, the short-interest ratio is currently 9.0 days. Approximately 11.0% of the company's stock are short sold. Approximately 11.0% of the company's stoc…