International Biotechnology Trust (LON:IBT) Trading Up 1.9%

International Biotechnology Trust Plc (LON:IBT) was up 1.9% during trading on Monday . The company traded as high as GBX 632 ($8.26) and last traded at GBX 632 ($8.26). Approximately 40,110 shares were traded during trading, an increase of 6% from the average daily volume of 37,914 shares. The stock had previously closed at GBX 620 ($8.10).

The firm has a 50-day moving average price of GBX 532.59.

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About International Biotechnology Trust (LON:IBT)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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