Signify (OTCMKTS:PHPPY) Shares Shorted: Short Interest Down 84.3% in September

Signify (OTCMKTS:PHPPY – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 97 shares, a drop of 84.3% from the August 31st total of 617 shares. Based on an average daily trading volume, of 1,167 shares, the days-to-cover ratio is presently 0.1 days.

Signify Stock Performance

Shares of PHPPY stock opened at $8.52 on Friday. Signify has a fifty-two week low of $8.01 and a fifty-two week high of $14.04. The stock’s 50-day simple moving average is $8.63 and its 200-day simple moving average is $10.24.

About Signify

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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.

Further Reading

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