Short Interest in Signify (OTCMKTS:PHPPY) Drops By 62.5%

Signify (OTCMKTS:PHPPY) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 600 shares, a decline of 62.5% from the January 15th total of 1,600 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 0.8 days.

Signify Stock Performance

OTCMKTS PHPPY remained flat at $10.88 on Wednesday. The business’s fifty day moving average price is $11.11 and its two-hundred day moving average price is $11.60. Signify has a one year low of $10.65 and a one year high of $15.51.

About Signify

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.