SIG Group AG (OTC:SIGCY) Short Interest Update

SIG Group AG (OTC:SIGCY) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 111,500 shares, an increase of 353.3% from the September 15th total of 24,600 shares. Based on an average trading volume of 200,800 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 200,800 shares, the days-to-cover ratio is presently 0.6 days.

SIG Group Price Performance

SIGCY stock opened at C$10.97 on Friday. SIG Group has a 12 month low of C$9.73 and a 12 month high of C$23.20. The company’s 50-day moving average price is C$13.65 and its two-hundred day moving average price is C$17.10.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of SIG Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 1st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

SIG Group Company Profile

SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton filling lines, aseptic carton sleeves and closures, bag-in-box, and spouted pouch, as well as spare parts, maintenance, digital, add-on, training, and other services.