Landis+Gyr Group AG (OTCMKTS:LGYRF) Sees Large Increase in Short Interest

Landis+Gyr Group AG (OTCMKTS:LGYRF) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 14,400 shares, an increase of 1,100.0% from the October 31st total of 1,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 144.0 days.

Landis+Gyr Group Price Performance

Shares of LGYRF remained flat at $73.86 during mid-day trading on Wednesday. 24 shares of the company’s stock were exchanged, compared to its average volume of 100. The company’s fifty day simple moving average is $87.26 and its two-hundred day simple moving average is $89.38. Landis+Gyr Group has a 52 week low of $73.86 and a 52 week high of $73.86.

About Landis+Gyr Group

Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers smart and non-smart electricity, prepayment electricity, commercial/industrial and grid, and smart gas meters; heat and water meters and solutions; prepayment solutions; load control devices; street light controllers; and distribution automation, system deployment, and managed network solutions.