Legrand SA (OTCMKTS:LGRDY) Sees Large Increase in Short Interest

Legrand SA (OTCMKTS:LGRDY) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 73,000 shares, a growth of 942.9% from the July 31st total of 7,000 shares. Based on an average trading volume of 204,400 shares, the short-interest ratio is presently 0.4 days.

Legrand Stock Down 0.9 %

Shares of LGRDY traded down $0.19 during trading hours on Tuesday, reaching $22.01. 640,499 shares of the company traded hands, compared to its average volume of 128,030. Legrand has a 1-year low of $16.75 and a 1-year high of $22.68. The stock’s fifty day moving average is $20.57 and its 200 day moving average is $20.75.

Legrand Company Profile

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.