Short Interest in Landis+Gyr Group AG (OTCMKTS:LDGYY) Decreases By 53.4%

Landis+Gyr Group AG (OTCMKTS:LDGYYGet Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 656 shares, a drop of 53.4% from the July 15th total of 1,407 shares. Based on an average daily volume of 460 shares, the days-to-cover ratio is presently 1.4 days.

Landis+Gyr Group Price Performance

Shares of LDGYY stock remained flat at $13.85 on Friday. The company’s 50 day moving average is $14.18 and its two-hundred day moving average is $15.94. Landis+Gyr Group has a twelve month low of $12.75 and a twelve month high of $20.52.

Landis+Gyr Group Company Profile

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Landis+Gyr Group is a global provider of energy management solutions, specializing in the design, manufacture and support of advanced metering infrastructure (AMI) and grid edge technologies. Its product portfolio includes smart electricity, gas, water and heat meters, as well as data concentrators, communication modules and meter data management software. These solutions enable utilities to automate meter reading, improve billing accuracy, optimize grid performance and engage end-customers with detailed energy usage insights.

Founded in 1896 and headquartered in Switzerland, Landis+Gyr serves more than 3,500 utility customers across over 30 countries in Europe, North America, Asia-Pacific and Latin America.

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