Voestalpine AG (OTCMKTS:VLPNY) Short Interest Down 50.0% in September

Voestalpine AG (OTCMKTS:VLPNY) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 100 shares, a decline of 50.0% from the August 31st total of 200 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 0.3 days.

Voestalpine Stock Performance

Shares of OTCMKTS:VLPNY opened at $4.62 on Thursday. The stock has a 50-day simple moving average of $4.79 and a 200-day simple moving average of $5.24. Voestalpine has a 1 year low of $4.33 and a 1 year high of $6.20. The company has a current ratio of 1.37, a quick ratio of 0.52 and a debt-to-equity ratio of 0.19.

Voestalpine (OTCMKTS:VLPNY) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter. Voestalpine had a net margin of 0.35% and a return on equity of 1.13%. The company had revenue of $4.46 billion during the quarter. As a group, sell-side analysts forecast that Voestalpine will post 0.72 EPS for the current year.

Voestalpine Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 31st. Investors of record on Friday, July 12th were given a dividend of $0.0955 per share. The ex-dividend date of this dividend was Friday, July 12th.

About Voestalpine

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.