Signify (OTCMKTS:PHPPY – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 519 shares, a growth of 281.6% from the July 15th total of 136 shares. Based on an average daily volume of 135 shares, the days-to-cover ratio is currently 3.8 days.
Signify Stock Performance
Shares of PHPPY opened at $8.77 on Friday. The stock’s fifty day moving average price is $9.76 and its two-hundred day moving average price is $10.88. Signify has a 1 year low of $8.01 and a 1 year high of $14.04.
About Signify
Signify N.V. (OTCMKTS: PHPPY) is a global leader in lighting solutions, specializing in connected LED products, systems and services. Originating from the lighting division of Koninklijke Philips N.V., the company began operations as an independent, publicly traded entity in 2018 under the name Signify. Headquartered in Eindhoven, the Netherlands, Signify leverages over a century of lighting innovation and maintains a broad portfolio of conventional and LED-based solutions tailored to both professional and consumer markets.
Signify’s core product offerings include LED lamps and luminaires, smart lighting systems such as Philips Hue, and Internet of Things–enabled platforms that enable energy-efficient, customizable illumination.
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