Short Interest in Signify (OTCMKTS:SFFYF) Grows By 48.4%

Signify (OTCMKTS:SFFYF) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 1,199,800 shares, an increase of 48.4% from the April 30th total of 808,400 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 2,399.6 days.

Signify Price Performance

Shares of OTCMKTS SFFYF remained flat at $24.00 during mid-day trading on Tuesday. The stock’s 50 day simple moving average is $21.65 and its 200 day simple moving average is $21.51. Signify has a fifty-two week low of $19.10 and a fifty-two week high of $27.15.

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.