Dialight plc (OTCMKTS:DIALF) Short Interest Update

Dialight plc (OTCMKTS:DIALF) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 84 shares, a decrease of 91.1% from the January 29th total of 943 shares. Based on an average daily volume of 8 shares, the short-interest ratio is currently 10.5 days. Based on an average daily volume of 8 shares, the short-interest ratio is currently 10.5 days.

Dialight Stock Performance

OTCMKTS:DIALF remained flat at $4.10 during trading hours on Wednesday. The company has a fifty day moving average of $4.06 and a 200-day moving average of $3.48. Dialight has a 12 month low of $1.42 and a 12 month high of $4.10.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded shares of Dialight to an “underweight” rating in a research report 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

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.