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

Signify (OTCMKTS:SFFYF) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 502,000 shares, a drop of 49.7% from the November 30th total of 998,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 5,020.0 days.

Signify Stock Performance

Shares of OTCMKTS:SFFYF remained flat at $21.80 during trading on Friday. The business has a 50-day simple moving average of $22.64 and a 200-day simple moving average of $24.06. Signify has a one year low of $20.90 and a one year high of $33.05.

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.