Short Interest in Savaria Co. (OTCMKTS:SISXF) Decreases By 35.7%

Savaria Co. (OTCMKTS:SISXF) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 152,280 shares, a decline of 35.7% from the June 15th total of 236,780 shares. Based on an average trading volume of 9,009 shares, the short-interest ratio is presently 16.9 days.

Savaria Stock Performance

Shares of OTCMKTS:SISXF opened at $22.31 on Friday. Savaria has a one year low of $14.23 and a one year high of $22.78. The stock has a fifty day moving average of $20.71 and a 200-day moving average of $19.55.

Wall Street Analyst Weigh In

SISXF has been the subject of a number of research analyst reports. TD Securities reissued a “buy” rating on shares of Savaria in a report on Wednesday, April 15th. Scotiabank reaffirmed an “outperform” rating on shares of Savaria in a research note on Thursday, April 16th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Savaria Company Profile

Savaria Inc (OTCMKTS:SISXF) is a publicly traded company that specializes in the design, manufacture and distribution of mobility and accessibility solutions for residential, commercial and public infrastructure applications. Headquartered in Laval, Quebec, Savaria offers a comprehensive portfolio of products aimed at helping people with reduced mobility maintain their independence. Its solutions span stairlifts, vertical platform lifts, home elevators, wheelchair lifts and vehicle lifts, as well as related installation and maintenance services.

The company’s stairlift offering includes both straight- and curved-rail models, designed for single-flight and multi-flight installations.