Savaria Co. (OTCMKTS:SISXF) Short Interest Down 40.7% in April

Savaria Co. (OTCMKTS:SISXF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 135,255 shares, a drop of 40.7% from the April 15th total of 228,045 shares. Based on an average daily trading volume, of 13,185 shares, the short-interest ratio is currently 10.3 days.

Savaria Stock Performance

Shares of OTCMKTS:SISXF opened at $20.29 on Tuesday. The business’s fifty day simple moving average is $20.09 and its 200-day simple moving average is $18.02. Savaria has a 12-month low of $13.86 and a 12-month high of $22.78.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Savaria in a report on Thursday, April 16th. TD Securities reaffirmed a “buy” rating on shares of Savaria in a research note on Wednesday, April 15th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

About Savaria

Savaria Inc (OTCMKTS:SISXF) is a publicly traded company that specializes in the design, manufacture and distribution of mobility and accessibility solutions for residential, commercial and public infrastructure applications. Headquartered in Laval, Quebec, Savaria offers a comprehensive portfolio of products aimed at helping people with reduced mobility maintain their independence. Its solutions span stairlifts, vertical platform lifts, home elevators, wheelchair lifts and vehicle lifts, as well as related installation and maintenance services.

The company’s stairlift offering includes both straight- and curved-rail models, designed for single-flight and multi-flight installations.