VAT Group AG (OTCMKTS:VACNY) Sees Significant Drop in Short Interest

VAT Group AG (OTCMKTS:VACNY) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 1,600 shares, a drop of 60.0% from the July 31st total of 4,000 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is presently 0.1 days.

VAT Group Price Performance

VACNY opened at $52.17 on Friday. VAT Group has a 12-month low of $33.41 and a 12-month high of $59.72. The firm has a 50 day moving average of $52.10 and a two-hundred day moving average of $52.08.

VAT Group Company Profile

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.