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

Dialight plc (OTCMKTS:DIALF – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 301 shares, an increase of 30,000.0% from the September 30th total of 1 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Dialight Stock Performance

Shares of DIALF remained flat at $6.38 during mid-day trading on Monday. The business has a 50-day moving average price of $6.38 and a two-hundred day moving average price of $5.32. Dialight has a one year low of $2.27 and a one year high of $6.38.

About Dialight

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Dialight plc is a specialist lighting company focused on industrial and hazardous-environment applications. The company designs and supplies light-emitting diode (LED) lighting systems intended to improve visibility, energy efficiency, durability and safety in demanding operating conditions.

Its product portfolio includes high-bay and low-bay fixtures, floodlights, area lights, linear lighting, hazardous-location luminaires, obstruction lighting and industrial signaling products. These solutions are used across industries such as oil and gas, petrochemicals, mining, manufacturing, utilities, infrastructure and other heavy industrial settings.

Dialight serves customers internationally, with products distributed across major industrial markets in North America, Europe and other regions.

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