Savaria Co. (OTCMKTS:SISXF) Short Interest Down 40.7% in April

Savaria Co. (OTCMKTS:SISXF) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 135,255 shares, a drop of 40.7% from the April 15th total of 228,045 shares. Based on an average daily trading volume, of 13,185 shares, the short-interest ratio is presently 10.3 days.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Scotiabank reiterated an “outperform” rating on shares of Savaria in a research report on Thursday, April 16th. TD Securities reiterated a “buy” rating on shares of Savaria in a research report on Wednesday, April 15th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Savaria Stock Up 1.0%

Shares of Savaria stock opened at $20.29 on Friday. Savaria has a 12 month low of $13.86 and a 12 month high of $22.78. The stock’s fifty day simple moving average is $20.07 and its 200 day simple moving average is $17.97.

About Savaria

Savaria Inc (OTCMKTS:SISXF) is a publicly traded company that specializes in the design, manufacture and distribution of mobility and accessibility solutions for residential, commercial and public infrastructure applications. Headquartered in Laval, Quebec, Savaria offers a comprehensive portfolio of products aimed at helping people with reduced mobility maintain their independence. Its solutions span stairlifts, vertical platform lifts, home elevators, wheelchair lifts and vehicle lifts, as well as related installation and maintenance services.

The company’s stairlift offering includes both straight- and curved-rail models, designed for single-flight and multi-flight installations.