Short Interest in Dialight plc (OTCMKTS:DIALF) Drops By 73.7%

Dialight plc (OTCMKTS:DIALF) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 5,000 shares, a decline of 73.7% from the September 30th total of 19,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Dialight Price Performance

Shares of Dialight stock remained flat at $2.89 during trading hours on Friday. The firm’s fifty day moving average is $2.93 and its 200-day moving average is $2.44. Dialight has a 12-month low of $1.59 and a 12-month high of $3.43.

Dialight Company Profile

Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, Europe, the Middle East, Africa, and internationally. The company operates through Lighting and Signals & Components segments.