Signify (OTCMKTS:PHPPY – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 238 shares, a growth of 145.4% from the September 30th total of 97 shares. Based on an average trading volume of 365 shares, the short-interest ratio is currently 0.7 days.
Signify Stock Performance
Shares of OTCMKTS:PHPPY opened at $8.65 on Friday. Signify has a 52 week low of $7.85 and a 52 week high of $12.94. The firm has a 50 day simple moving average of $8.51 and a 200 day simple moving average of $10.31.
Signify Company Profile
Signify N.V. is a global lighting technology company headquartered in Eindhoven, the Netherlands. The company develops and sells lighting products, systems and services for residential, commercial, industrial and public-sector applications.
Its portfolio includes LED lamps and luminaires, connected lighting systems, professional lighting controls and software, and specialty lighting solutions. Signify markets products under brands including Philips, Interact, Color Kinetics and WiZ, serving applications such as homes, offices, retail locations, roads, cities, horticulture and entertainment venues.
The company was established as Philips Lighting following its separation from Royal Philips in 2016 and adopted the Signify name in 2018.
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