Savaria Co. (OTCMKTS:SISXF) Short Interest Down 40.7% in April

Savaria Co. (OTCMKTS:SISXF) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 135,255 shares, a decline of 40.7% from the April 15th total of 228,045 shares. Based on an average daily volume of 13,185 shares, the short-interest ratio is presently 10.3 days.

Analysts Set New Price Targets

A number of analysts have recently commented on SISXF shares. Scotiabank restated an “outperform” rating on shares of Savaria in a research report on Thursday, April 16th. TD Securities reaffirmed a “buy” rating on shares of Savaria in a report on Wednesday, April 15th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Savaria Price Performance

Shares of OTCMKTS:SISXF remained flat at $20.29 during trading on Monday. The stock had a trading volume of 1,558 shares, compared to its average volume of 4,372. The company has a 50-day simple moving average of $20.07 and a two-hundred day simple moving average of $17.99. Savaria has a fifty-two week low of $13.86 and a fifty-two week high of $22.78.

Savaria Company Profile

Savaria Inc (OTCMKTS:SISXF) is a publicly traded company that specializes in the design, manufacture and distribution of mobility and accessibility solutions for residential, commercial and public infrastructure applications. Headquartered in Laval, Quebec, Savaria offers a comprehensive portfolio of products aimed at helping people with reduced mobility maintain their independence. Its solutions span stairlifts, vertical platform lifts, home elevators, wheelchair lifts and vehicle lifts, as well as related installation and maintenance services.

The company’s stairlift offering includes both straight- and curved-rail models, designed for single-flight and multi-flight installations.