Dialight plc (OTCMKTS:DIALF) Sees Large Decline in Short Interest

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

Dialight Stock Performance

Dialight stock remained flat at $2.89 during mid-day trading on Friday. The company’s fifty day moving average price is $2.93 and its 200 day moving average price is $2.44. Dialight has a fifty-two week low of $1.59 and a fifty-two week high of $3.43.

About Dialight

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.