Landis+Gyr Group AG (OTCMKTS:LGYRF) Sees Significant Growth in Short Interest

Landis+Gyr Group AG (OTCMKTS:LGYRF) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 84,087 shares, a growth of 206.6% from the July 30th total of 27,429 shares. Based on an average daily volume of 35 shares, the days-to-cover ratio is currently 2,402.5 days.

Landis+Gyr Group Price Performance

Shares of Landis+Gyr Group stock remained flat at $57.64 during trading hours on Friday. The business’s 50-day moving average price is $53.94 and its two-hundred day moving average price is $60.96. Landis+Gyr Group has a 52-week low of $51.29 and a 52-week high of $79.80.

Landis+Gyr Group Company Profile

Landis+Gyr Group is a global provider of integrated energy management solutions tailored to the utility industry. The company specializes in the design, manufacture and deployment of smart meters for electric, gas and heat utilities, offering a portfolio that extends to grid edge intelligence, IoT connectivity and advanced metering infrastructure. By combining hardware devices with end-to-end software solutions, Landis+Gyr enables utilities to optimize operational efficiency, enhance grid reliability and deliver real-time data analytics.

Founded in 1896 and headquartered in Zug, Switzerland, Landis+Gyr has evolved alongside the energy sector, pioneering innovations in metering and grid automation.