Landis+Gyr Group AG (OTCMKTS:LGYRF) Sees Large Drop in Short Interest

Landis+Gyr Group AG (OTCMKTS:LGYRF) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 700 shares, a decline of 78.8% from the November 30th total of 3,300 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 0.4 days.

Landis+Gyr Group Price Performance

Shares of LGYRF stock remained flat at $62.56 during trading hours on Friday. The stock has a 50-day simple moving average of $77.12 and a 200-day simple moving average of $85.39. Landis+Gyr Group has a 52 week low of $62.56 and a 52 week high of $73.86.

About Landis+Gyr Group

Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers smart and non-smart electricity, prepayment electricity, commercial/industrial and grid, and smart gas meters; heat and water meters and solutions; prepayment solutions; load control devices; street light controllers; and distribution automation, system deployment, and managed network solutions.