Signify (OTCMKTS:SFFYF) Sees Large Growth in Short Interest

Signify (OTCMKTS:SFFYF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 547,600 shares, an increase of 27.0% from the February 28th total of 431,100 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 304.2 days.

Signify Stock Performance

Signify stock traded up $0.55 during midday trading on Tuesday, reaching $21.75. The company’s stock had a trading volume of 100 shares, compared to its average volume of 667. Signify has a 52 week low of $20.30 and a 52 week high of $30.60. The business has a 50-day moving average price of $21.37 and a 200-day moving average price of $22.16.

Signify Company Profile

Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. Its LED, systems and services are used for various market segments comprising offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments.