Dialight plc (OTCMKTS:DIALF) Short Interest Update

Dialight plc (OTCMKTS:DIALF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 689 shares, a decrease of 44.8% from the December 31st total of 1,249 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Dialight Stock Performance

Shares of OTCMKTS:DIALF remained flat at $4.10 during trading hours on Friday. Dialight has a 52 week low of $1.42 and a 52 week high of $4.10. The stock’s fifty day simple moving average is $3.88 and its 200-day simple moving average is $3.29.

Analyst Ratings Changes

Separately, Barclays downgraded shares of Dialight to an “underweight” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

About Dialight

Dialight PLC is a global provider of industrial LED lighting solutions, specializing in energy-efficient and durable products designed for demanding environments. The company’s product portfolio includes a wide range of LED linear and area luminaires, high- and low-bay fixtures, task lighting, signal beacons and optical safety indicators, as well as specialty solutions for hazardous location applications in oil and gas, mining, marine and transportation sectors.

Founded in the United Kingdom and headquartered in Farnborough, Hampshire, Dialight draws on more than 80 years of expertise in lighting technology.