Short Interest in Legrand SA (OTCMKTS:LGRVF) Grows By 18.4%

Legrand SA (OTCMKTS:LGRVF) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 155,200 shares, an increase of 18.4% from the November 15th total of 131,100 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 258.7 days.

Legrand Stock Performance

LGRVF remained flat at $99.39 on Monday. 300 shares of the company traded hands, compared to its average volume of 946. The stock has a market cap of $26.45 billion, a price-to-earnings ratio of 23.11 and a beta of 1.01. Legrand has a 12-month low of $97.25 and a 12-month high of $115.77. The stock’s 50-day simple moving average is $107.72 and its two-hundred day simple moving average is $106.83. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95.

Legrand Company Profile

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.