Short Interest in Landis+Gyr Group AG (OTCMKTS:LGYRF) Drops By 71.0%

Landis+Gyr Group AG (OTCMKTS:LGYRFGet Free Report) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 24,412 shares, a decrease of 71.0% from the August 15th total of 84,087 shares. Based on an average daily volume of 577 shares, the short-interest ratio is presently 42.3 days.

Landis+Gyr Group Stock Performance

Shares of LGYRF stock remained flat at $55.40 during mid-day trading on Friday. Landis+Gyr Group has a twelve month low of $51.29 and a twelve month high of $79.80. The business’s 50-day moving average price is $53.33 and its 200-day moving average price is $59.79.

Landis+Gyr Group Company Profile

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Landis+Gyr Group is a global provider of integrated energy management solutions tailored to the utility industry. The company specializes in the design, manufacture and deployment of smart meters for electric, gas and heat utilities, offering a portfolio that extends to grid edge intelligence, IoT connectivity and advanced metering infrastructure. By combining hardware devices with end-to-end software solutions, Landis+Gyr enables utilities to optimize operational efficiency, enhance grid reliability and deliver real-time data analytics.

Founded in 1896 and headquartered in Zug, Switzerland, Landis+Gyr has evolved alongside the energy sector, pioneering innovations in metering and grid automation.

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