Legrand SA (OTCMKTS:LGRVF) Sees Large Growth in Short Interest

Legrand SA (OTCMKTS:LGRVF) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 111,161 shares, a growth of 124.1% from the December 31st total of 49,599 shares. Based on an average daily trading volume, of 256 shares, the short-interest ratio is presently 434.2 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 256 shares, the short-interest ratio is presently 434.2 days.

Legrand Stock Performance

OTCMKTS:LGRVF traded up $11.85 during mid-day trading on Thursday, reaching $164.03. The company’s stock had a trading volume of 190 shares, compared to its average volume of 200. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68. The stock has a market cap of $43.66 billion, a P/E ratio of 38.15 and a beta of 1.01. The firm’s fifty day moving average price is $150.25 and its two-hundred day moving average price is $154.23. Legrand has a 12-month low of $97.07 and a 12-month high of $175.65.

About Legrand

Legrand is a global specialist in electrical and digital building infrastructures, offering products and systems that manage power, light, data and control in residential, commercial and industrial buildings. The company’s portfolio covers a wide range of solutions for electrical distribution, wiring devices, cable management, lighting controls, building automation and connected home technologies, with an emphasis on integrated systems that support energy management and digital connectivity.

Products and services include switches and sockets, circuit protection and distribution equipment, structured cabling and data-center solutions, racks and enclosures, lighting controls, sensors and smart-home interfaces, as well as services related to system design and project support.