Legrand SA (OTCMKTS:LGRVF) Short Interest Down 29.4% in December

Legrand SA (OTCMKTS:LGRVF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 112,100 shares, a decrease of 29.4% from the December 15th total of 158,800 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 186.8 days.

Legrand Price Performance

Legrand stock traded up $0.57 during midday trading on Wednesday, reaching $99.17. 261 shares of the company were exchanged, compared to its average volume of 5,230. The company has a market capitalization of $26.39 billion, a price-to-earnings ratio of 23.06 and a beta of 1.01. Legrand has a 1 year low of $95.34 and a 1 year high of $115.77. 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 firm’s 50-day simple moving average is $101.50 and its 200-day simple moving average is $105.50.

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.