Signify (OTCMKTS:SFFYF) Sees Significant Drop in Short Interest

Signify (OTCMKTS:SFFYF) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 998,400 shares, a decline of 29.7% from the November 15th total of 1,420,400 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 713.1 days.

Signify Stock Performance

Shares of SFFYF stock remained flat at $21.80 on Friday. Signify has a 12-month low of $20.90 and a 12-month high of $33.05. The stock’s 50-day moving average price is $22.95 and its 200-day moving average price is $24.39.

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.