Short Interest in Sylogist Ltd. (OTCMKTS:SYZLF) Increases By 50.4%

Sylogist Ltd. (OTCMKTS:SYZLF) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 18,200 shares, a growth of 50.4% from the March 31st total of 12,100 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is currently 10.1 days.

Sylogist Stock Up 0.7 %

Shares of SYZLF traded up $0.05 during midday trading on Friday, reaching $6.58. The company had a trading volume of 694 shares, compared to its average volume of 5,932. Sylogist has a 1-year low of $4.15 and a 1-year high of $7.33. The firm has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $5.85.

Sylogist Company Profile

Sylogist Ltd., a software company, provides software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company manages IT services, business applications, and Web portals. The company was incorporated in 1993 and is headquartered in Calgary, Canada.