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

Stingray Group Inc. (OTCMKTS:STGYF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 33,400 shares, a growth of 64.5% from the February 28th total of 20,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 334.0 days.

Stingray Group Price Performance

OTCMKTS:STGYF remained flat at C$6.28 during mid-day trading on Monday. The company had a trading volume of 115 shares, compared to its average volume of 300. Stingray Group has a 12 month low of C$5.05 and a 12 month high of C$6.70. The stock has a fifty day moving average of C$5.97 and a two-hundred day moving average of C$5.59.

About Stingray Group

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.