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

Signify (OTCMKTS:SFFYF) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 998,400 shares, a decrease of 29.7% from the November 15th total of 1,420,400 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 713.1 days.

Signify Price Performance

Shares of Signify stock remained flat at $21.80 during trading hours on Friday. The firm’s 50-day simple moving average is $22.95 and its two-hundred day simple moving average is $24.39. Signify has a 52-week low of $20.90 and a 52-week 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.