Stingray Group Inc. (OTCMKTS:STGYF) Sees Significant Growth in Short Interest

Stingray Group Inc. (OTCMKTS:STGYF) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 8,900 shares, a growth of 493.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 8.9 days.

Stingray Group Price Performance

OTCMKTS STGYF remained flat at C$5.69 on Friday. The company’s 50 day moving average price is C$5.38 and its 200 day moving average price is C$5.51. Stingray Group has a 1-year low of C$3.88 and a 1-year high of C$6.11.

Stingray Group Company Profile

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.