VivoPower International PLC (NASDAQ:VVPR – Get Free Report) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 663,100 shares, a decrease of 49.0% from the March 31st total of 1,300,000 shares. Approximately 16.4% of the shares of the company are sold short. Based on an average trading volume of 5,530,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On VivoPower International
An institutional investor recently bought a new position in VivoPower International stock. PEAK6 LLC acquired a new position in VivoPower International PLC (NASDAQ:VVPR – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 40,739 shares of the company’s stock, valued at approximately $54,000. PEAK6 LLC owned 0.92% of VivoPower International at the end of the most recent reporting period. 15.80% of the stock is owned by hedge funds and other institutional investors.
VivoPower International Stock Down 0.7 %
Shares of NASDAQ VVPR opened at $2.94 on Tuesday. The firm’s 50-day moving average price is $2.15 and its 200-day moving average price is $1.46. VivoPower International has a 52-week low of $0.62 and a 52-week high of $6.66.
About VivoPower International
VivoPower International PLC, together with its subsidiaries, operates as a sustainable energy solutions company in Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments.
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