Dialight plc (OTCMKTS:DIALF) Short Interest Update

Dialight plc (OTCMKTS:DIALF) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 43 shares, a decrease of 48.8% from the February 26th total of 84 shares. Based on an average daily trading volume, of 8 shares, the short-interest ratio is currently 5.4 days.

Dialight Price Performance

Shares of Dialight stock remained flat at $4.10 during trading on Thursday. The business has a 50-day simple moving average of $4.09 and a two-hundred day simple moving average of $3.68. Dialight has a twelve month low of $1.42 and a twelve month high of $4.10.

Wall Street Analyst Weigh In

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

Dialight Company Profile

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.