Short Interest in Legrand SA (OTCMKTS:LGRVF) Drops By 28.9%

Key Points

• Short interest in Legrand SA decreased by 28.9% in September, falling from 101,700 shares to 72,300 shares.
• The current short-interest ratio is 16.8 days, based on an average daily volume of 4,300 shares.
• Legrand's stock reached a 52-week high of $169.33 and has a market capitalization of $45.07 billion.

Legrand SA (OTCMKTS:LGRVF - ) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 72,300 shares, a decrease of 28.9% from the August 31st total of 101,700 shares. Based on an average daily volume of 4,300 shares, the short-interest ratio is currently 16.8 days. Based on an average daily volume of 4,300 shares, the short-interest ratio is currently 16.8 days.

Legrand Price Performance

Shares of LGRVF stock opened at $169.33 on Tuesday. Legrand has a 52 week low of $95.34 and a 52 week high of $169.33. The stock has a market capitalization of $45.07 billion, a PE ratio of 39.38 and a beta of 1.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95. The stock's fifty day moving average is $155.02 and its 200-day moving average is $128.47.

About Legrand

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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