Landis+Gyr Group AG (OTCMKTS:LDGYY) Sees Large Increase in Short Interest

Landis+Gyr Group AG (OTCMKTS:LDGYY) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 398 shares, an increase of 223.6% from the February 12th total of 123 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Landis+Gyr Group Stock Performance

OTCMKTS:LDGYY remained flat at $17.50 during trading hours on Wednesday. The firm’s 50 day simple moving average is $17.21 and its two-hundred day simple moving average is $18.57. Landis+Gyr Group has a twelve month low of $12.75 and a twelve month high of $20.52.

Landis+Gyr Group Company Profile

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.