Signify (OTCMKTS:PHPPY – Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a drop of 62.5% from the March 15th total of 800 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 1.5 days.
Signify Stock Performance
Shares of Signify stock remained flat at $10.26 during trading hours on Wednesday. The stock has a 50-day simple moving average of $10.73 and a two-hundred day simple moving average of $11.26. Signify has a 1-year low of $9.60 and a 1-year high of $15.10.
Signify Cuts Dividend
The business also recently declared a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be issued a $0.647 dividend. The ex-dividend date is Wednesday, April 30th.
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.
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