Stingray Group Inc. (OTCMKTS:STGYF) Sees Significant Growth in Short Interest

Stingray Group Inc. (OTCMKTS:STGYF) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 6,900 shares, a growth of 30.2% from the August 15th total of 5,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 69.0 days.

Stingray Group Stock Performance

Shares of OTCMKTS:STGYF remained flat at C$5.85 during midday trading on Friday. The stock’s 50-day simple moving average is C$5.70 and its two-hundred day simple moving average is C$5.51. Stingray Group has a fifty-two week low of C$3.05 and a fifty-two week high of C$6.11.

About Stingray Group

Stingray Group Inc operates as a music, media, and technology company worldwide. The company offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio.