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LSI Industries sees short interest drop 26.4%, stock rises, and analysts raise target price to $30.00.
Short interest in LSI Industries Inc. (NASDAQ: LYTS) fell by 26.4% in January to 375,300 shares, with 1.4% of shares now short sold.
The company's stock price rose to $20.78, up $0.71, and it declared a $0.05 quarterly dividend.
Analysts at HC Wainwright raised the target price to $30.00, maintaining a "buy" rating.
LSI Industries manufactures lighting and retail display solutions across North and South America.
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LSI Industries ve un corto descenso de intereses 26,4%, aumentos de acciones, y los analistas elevan el precio objetivo a $30.00.