Short Interest in Stingray Group Inc. (OTCMKTS:STGYF) Increases By 30.2%

Stingray Group Inc. (OTCMKTS:STGYF) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 6,900 shares, a growth of 30.2% from the August 15th total of 5,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 69.0 days.

Stingray Group Price Performance

Stingray Group stock remained flat at C$5.85 during midday trading on Monday. Stingray Group has a 52-week low of C$3.05 and a 52-week high of C$6.11. The company has a 50 day simple moving average of C$5.70 and a 200 day simple moving average of C$5.51.

About Stingray Group

Stingray Group Inc operates as a music, media, and technology company worldwide. The company offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio.