Savaria Co. (OTCMKTS:SISXF) Stock Short Interest Report for October

Savaria Co. (OTCMKTS:SISXF) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 460,148 shares, a decrease of 34.9% from the September 30th total of 706,699 shares. Based on an average trading volume of 22,602 shares, the days-to-cover ratio is currently 20.4 days.

Savaria Stock Performance

OTCMKTS SISXF opened at $20.32 on Tuesday. Savaria has a 1-year low of $14.81 and a 1-year high of $22.88. The company has a 50 day moving average of $20.52 and a 200-day moving average of $20.19.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. TD Securities reaffirmed a “buy” rating on shares of Savaria in a research report on Friday, August 7th. Scotiabank reissued an “outperform” rating on shares of Savaria in a research report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Savaria currently has an average rating of “Buy”.

About Savaria

Savaria is a Canadian company that develops, manufactures and distributes accessibility and mobility equipment for residential, commercial and institutional customers. Its products are designed to help people with reduced mobility move safely and independently in homes, healthcare facilities and other buildings.

The company’s product portfolio includes stair lifts, wheelchair platform lifts, inclined platform lifts, residential and commercial elevators, vertical platform lifts, patient-transfer and ceiling-lift systems, and related accessibility equipment.