Stingray Group Inc. (OTCMKTS:STGYF) Sees Significant Decline in Short Interest

Stingray Group Inc. (OTCMKTS:STGYF) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 4,400 shares, a decline of 15.4% from the November 30th total of 5,200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 6.3 days.

Stingray Group Price Performance

OTCMKTS STGYF opened at C$5.16 on Tuesday. The business has a fifty day moving average price of C$5.45 and a 200 day moving average price of C$5.51. Stingray Group has a one year low of C$4.10 and a one year high of C$6.11.

Stingray Group Company Profile

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.