Signify (OTCMKTS:SFFYF) Short Interest Up 40.2% in July

Signify (OTCMKTS:SFFYF) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 1,387,800 shares, a growth of 40.2% from the June 30th total of 989,600 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 555.1 days.

Signify Stock Performance

Shares of Signify stock remained flat at $27.00 during trading on Friday. Signify has a 1-year low of $24.90 and a 1-year high of $33.05. The firm’s 50 day simple moving average is $26.56 and its 200 day simple moving average is $28.26.

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.