Short Interest in Legrand SA (OTCMKTS:LGRVF) Expands By 25.7%

Legrand SA (OTCMKTS:LGRVFGet Free Report) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 128,500 shares, a growth of 25.7% from the October 15th total of 102,200 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is currently 107.1 days.

Legrand Stock Performance

Shares of LGRVF stock opened at $105.65 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.84 and a debt-to-equity ratio of 0.57. Legrand has a one year low of $97.25 and a one year high of $115.77. The company’s 50-day simple moving average is $110.78 and its 200-day simple moving average is $107.42.

About Legrand

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Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.

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