Landis+Gyr Group AG (OTCMKTS:LDGYY) Sees Significant Decline in Short Interest

Landis+Gyr Group AG (OTCMKTS:LDGYY) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the March 15th total of 400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Landis+Gyr Group Price Performance

OTCMKTS:LDGYY opened at $12.75 on Monday. The stock has a 50 day simple moving average of $14.05 and a 200 day simple moving average of $17.94. Landis+Gyr Group has a 1-year low of $12.75 and a 1-year high of $21.73.

About Landis+Gyr Group

Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, South America, Canada, and the Asia Pacific. The company offers prepayment electricity, commercial/industrial and grid, and non-smart and smart gas meters; heat and water meters and solutions; load control devices; and system deployment, and managed network solutions.