Savaria Co. (OTCMKTS:SISXF) Short Interest Down 35.7% in June

Savaria Co. (OTCMKTS:SISXF) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 152,280 shares, a decline of 35.7% from the June 15th total of 236,780 shares. Based on an average daily volume of 9,009 shares, the short-interest ratio is presently 16.9 days.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SISXF. TD Securities reiterated a “buy” rating on shares of Savaria in a report on Wednesday, April 15th. Scotiabank reissued an “outperform” rating on shares of Savaria in a report on Thursday, April 16th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Savaria Stock Performance

OTCMKTS SISXF opened at $22.31 on Friday. The business’s 50-day moving average price is $20.74 and its two-hundred day moving average price is $19.57. Savaria has a 12 month low of $14.23 and a 12 month high of $22.78.

About Savaria

Savaria Inc (OTCMKTS:SISXF) is a publicly traded company that specializes in the design, manufacture and distribution of mobility and accessibility solutions for residential, commercial and public infrastructure applications. Headquartered in Laval, Quebec, Savaria offers a comprehensive portfolio of products aimed at helping people with reduced mobility maintain their independence. Its solutions span stairlifts, vertical platform lifts, home elevators, wheelchair lifts and vehicle lifts, as well as related installation and maintenance services.

The company’s stairlift offering includes both straight- and curved-rail models, designed for single-flight and multi-flight installations.