Short Interest in Sylogist Ltd. (OTCMKTS:SYZLF) Increases By 50.4%

Sylogist Ltd. (OTCMKTS:SYZLF) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 18,200 shares, an increase of 50.4% from the March 31st total of 12,100 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 10.1 days.

Sylogist Trading Up 0.7 %

Shares of SYZLF traded up $0.05 during mid-day trading on Friday, reaching $6.58. The company’s stock had a trading volume of 694 shares, compared to its average volume of 5,932. Sylogist has a 52 week low of $4.15 and a 52 week high of $7.33. The company’s fifty day moving average price is $6.63 and its two-hundred day moving average price is $5.85.

About Sylogist

Sylogist Ltd., a software company, provides software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company manages IT services, business applications, and Web portals. The company was incorporated in 1993 and is headquartered in Calgary, Canada.