Signify (OTCMKTS:PHPPY) Shares Shorted: Short Interest Down 84.3% in September

Signify (OTCMKTS:PHPPY – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 97 shares, a decline of 84.3% from the August 31st total of 617 shares. Based on an average trading volume of 1,167 shares, the days-to-cover ratio is currently 0.1 days.

Signify Stock Performance

Shares of PHPPY opened at $8.52 on Friday. Signify has a twelve month low of $8.01 and a twelve month high of $14.04. The company has a 50 day moving average of $8.63 and a two-hundred day moving average of $10.24.

Signify Company Profile

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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.

Further Reading

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