Varta AG (OTCMKTS:VARGF) Sees Significant Increase in Short Interest

Varta AG (OTCMKTS:VARGF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 55,900 shares, an increase of 31.2% from the August 31st total of 42,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Varta Price Performance

VARGF opened at $20.20 on Friday. The company has a fifty day moving average price of $20.20 and a two-hundred day moving average price of $20.20. Varta has a 52 week low of $20.20 and a 52 week high of $20.20.

About Varta

Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.