Short Interest in Stingray Group Inc. (OTCMKTS:STGYF) Drops By 21.1%

Stingray Group Inc. (OTCMKTS:STGYF) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,500 shares, a decline of 21.1% from the October 15th total of 1,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 15.0 days.

Stingray Group Price Performance

STGYF stock remained flat at C$5.45 during midday trading on Friday. Stingray Group has a 52 week low of C$3.88 and a 52 week high of C$6.11. The company’s fifty day moving average price is C$5.41 and its two-hundred day moving average price is C$5.50.

About Stingray Group

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.