Savaria Co. (OTCMKTS:SISXF) Short Interest Up 63.5% in July

Savaria Co. (OTCMKTS:SISXF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 249,026 shares, an increase of 63.5% from the June 30th total of 152,280 shares. Based on an average trading volume of 17,792 shares, the days-to-cover ratio is presently 14.0 days.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Scotiabank reissued an “outperform” rating on shares of Savaria in a research report on Friday, July 24th. TD Securities reaffirmed a “buy” rating on shares of Savaria in a research report on Wednesday, April 15th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Savaria has a consensus rating of “Buy”.

Savaria Price Performance

SISXF remained flat at $21.81 during midday trading on Friday. 32,300 shares of the company’s stock were exchanged, compared to its average volume of 6,594. Savaria has a 52-week low of $14.30 and a 52-week high of $22.78. The business’s 50-day moving average price is $20.99 and its 200-day moving average price is $19.92.

About Savaria

Savaria Inc (OTCMKTS:SISXF) is a publicly traded company that specializes in the design, manufacture and distribution of mobility and accessibility solutions for residential, commercial and public infrastructure applications. Headquartered in Laval, Quebec, Savaria offers a comprehensive portfolio of products aimed at helping people with reduced mobility maintain their independence. Its solutions span stairlifts, vertical platform lifts, home elevators, wheelchair lifts and vehicle lifts, as well as related installation and maintenance services.

The company’s stairlift offering includes both straight- and curved-rail models, designed for single-flight and multi-flight installations.