Stingray Group Inc. (OTCMKTS:STGYF) Sees Significant Growth in Short Interest

Stingray Group Inc. (OTCMKTS:STGYF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 8,900 shares, an increase of 493.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 8.9 days.

Stingray Group Price Performance

Shares of STGYF stock remained flat at C$5.69 during trading hours on Friday. The company has a 50-day simple moving average of C$5.38 and a two-hundred day simple moving average of C$5.51. Stingray Group has a twelve month low of C$3.88 and a twelve month high of C$6.11.

Stingray Group Company Profile

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.