Short Interest in Signify (OTCMKTS:PHPPY) Decreases By 79.4%

Signify (OTCMKTS:PHPPY) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 21 shares, a decrease of 79.4% from the November 30th total of 102 shares. Based on an average trading volume of 77 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 77 shares, the short-interest ratio is currently 0.3 days.

Signify Trading Down 2.9%

Shares of PHPPY stock opened at $11.55 on Thursday. Signify has a 12 month low of $9.60 and a 12 month high of $14.04. The stock has a 50 day moving average of $11.91 and a two-hundred day moving average of $12.78.

About Signify

Signify N.V. (OTCMKTS: PHPPY) is a global leader in lighting solutions, specializing in connected LED products, systems and services. Originating from the lighting division of Koninklijke Philips N.V., the company began operations as an independent, publicly traded entity in 2018 under the name Signify. Headquartered in Eindhoven, the Netherlands, Signify leverages over a century of lighting innovation and maintains a broad portfolio of conventional and LED-based solutions tailored to both professional and consumer markets.

Signify’s core product offerings include LED lamps and luminaires, smart lighting systems such as Philips Hue, and Internet of Things–enabled platforms that enable energy-efficient, customizable illumination.