Signify (OTCMKTS:PHPPY – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 97 shares, a drop of 84.3% from the August 31st total of 617 shares. Based on an average daily volume of 1,167 shares, the days-to-cover ratio is currently 0.1 days.
Signify Stock Performance
Shares of OTCMKTS PHPPY remained flat at $8.52 during trading on Friday. The company’s 50-day simple moving average is $8.61 and its 200 day simple moving average is $10.23. Signify has a 1 year low of $8.01 and a 1 year high of $14.04.
Signify Company Profile
Signify N.V. is a Netherlands-based lighting technology company formerly known as Philips Lighting. The company develops and supplies LED lighting, lamps, fixtures, and connected lighting systems for residential, commercial, industrial, and public-sector applications.
Its product and service portfolio includes professional lighting solutions, smart home lighting, architectural and entertainment lighting, and lighting management platforms. Signify markets products under brands that include Philips, Philips Hue, Interact, WiZ, and Color Kinetics, serving customers through distributors, retailers, lighting professionals, and direct commercial relationships.
Signify operates internationally, with products and services available across Europe, the Americas, Asia-Pacific, the Middle East, and Africa.
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