Sylogist Ltd. (OTCMKTS:SYZLF) Short Interest Up 900.0% in May

Sylogist Ltd. (OTCMKTS:SYZLF – Get Rating) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 15,000 shares, a growth of 900.0% from the April 30th total of 1,500 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 6.8 days.

Sylogist Stock Performance

Shares of SYZLF traded up $0.04 on Friday, reaching $4.47. 4,300 shares of the company’s stock traded hands, compared to its average volume of 1,714. The stock’s 50 day simple moving average is $4.13 and its two-hundred day simple moving average is $4.25. Sylogist has a 52-week low of $3.16 and a 52-week high of $6.54.

About Sylogist

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Sylogist Ltd. is a software company, which engages in the provision of enterprise resource planning solutions, including fund accounting, grant management, and payroll to public service organizations. The firm’s solutions include K-12 school districts and boards, government and public sector, nonprofit organizations, international non-governmental organizations, justice and public safety, and manufacturing and distribution.