Landis+Gyr Group AG (OTCMKTS:LGYRF) Short Interest Down 71.0% in August

Landis+Gyr Group AG (OTCMKTS:LGYRF) was the target of 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 days-to-cover ratio is presently 42.3 days.

Landis+Gyr Group Stock Performance

Shares of Landis+Gyr Group stock remained flat at $55.40 during midday trading on Friday. The stock has a 50 day simple moving average of $53.33 and a 200 day simple moving average of $59.87. Landis+Gyr Group has a 52 week low of $51.29 and a 52 week high of $79.80.

About Landis+Gyr Group

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.