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 significant growth in short interest in July. As of July 15th, there was short interest totaling 1,407 shares, a growth of 100.4% from the June 30th total of 702 shares. Based on an average daily volume of 141 shares, the days-to-cover ratio is currently 10.0 days.

Landis+Gyr Group Price Performance

LDGYY stock opened at $13.85 on Wednesday. The firm has a 50 day simple moving average of $14.47 and a two-hundred day simple moving average of $16.23. Landis+Gyr Group has a one year low of $12.75 and a one year 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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