VAT Group AG (OTCMKTS:VACNY) Sees Large Increase in Short Interest

VAT Group AG (OTCMKTS:VACNYGet Free Report) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 16,700 shares, a growth of 16,600.0% from the February 13th total of 100 shares. Based on an average daily volume of 93,500 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reiterated a “sector perform” rating on shares of VAT Group in a research note on Thursday, March 6th.

View Our Latest Analysis on VAT Group

VAT Group Trading Down 0.9 %

Shares of VAT Group stock opened at $38.27 on Friday. The firm’s 50-day moving average price is $38.43 and its two-hundred day moving average price is $41.71. VAT Group has a 12-month low of $35.28 and a 12-month high of $59.72.

About VAT Group

(Get Free Report)

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves, multi-valve units, vacuum modules, and edge-welded metal bellows in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. It operates through two segments, Valves and Global Service.

Further Reading

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