Dialight plc (OTCMKTS:DIALF) Short Interest Up 36.9% in January

Dialight plc (OTCMKTS:DIALF) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 943 shares, an increase of 36.9% from the January 15th total of 689 shares. Based on an average daily volume of 180 shares, the short-interest ratio is presently 5.2 days. Based on an average daily volume of 180 shares, the short-interest ratio is presently 5.2 days.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered Dialight to an “underweight” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Dialight Price Performance

OTCMKTS DIALF remained flat at $4.10 on Monday. Dialight has a one year low of $1.42 and a one year high of $4.10. The firm’s fifty day simple moving average is $4.01 and its two-hundred day simple moving average is $3.40.

About Dialight

Dialight PLC is a global provider of industrial LED lighting solutions, specializing in energy-efficient and durable products designed for demanding environments. The company’s product portfolio includes a wide range of LED linear and area luminaires, high- and low-bay fixtures, task lighting, signal beacons and optical safety indicators, as well as specialty solutions for hazardous location applications in oil and gas, mining, marine and transportation sectors.

Founded in the United Kingdom and headquartered in Farnborough, Hampshire, Dialight draws on more than 80 years of expertise in lighting technology.