Landis+Gyr Group AG (OTCMKTS:LDGYY) Sees Large Growth in Short Interest

Landis+Gyr Group AG (OTCMKTS:LDGYYGet Free Report) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 398 shares, an increase of 223.6% from the February 12th total of 123 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Landis+Gyr Group Stock Performance

LDGYY stock remained flat at $17.50 during mid-day trading on Friday. The company has a fifty day moving average price of $17.22 and a 200 day moving average price of $18.56. Landis+Gyr Group has a 12-month low of $12.75 and a 12-month high of $20.52.

Landis+Gyr Group Company Profile

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Landis+Gyr Group is a global provider of energy management solutions, specializing in the design, manufacture and support of advanced metering infrastructure (AMI) and grid edge technologies. Its product portfolio includes smart electricity, gas, water and heat meters, as well as data concentrators, communication modules and meter data management software. These solutions enable utilities to automate meter reading, improve billing accuracy, optimize grid performance and engage end-customers with detailed energy usage insights.

Founded in 1896 and headquartered in Switzerland, Landis+Gyr serves more than 3,500 utility customers across over 30 countries in Europe, North America, Asia-Pacific and Latin America.

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