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

VAT Group AG (OTCMKTS:VACNY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 14,700 shares, a growth of 250.0% from the March 15th total of 4,200 shares. Based on an average daily trading volume, of 327,500 shares, the days-to-cover ratio is presently 0.0 days.

VAT Group Stock Up 1.3 %

VAT Group stock opened at $34.94 on Tuesday. VAT Group has a 52-week low of $29.86 and a 52-week high of $59.72. The firm’s fifty day moving average is $37.46 and its 200 day moving average is $39.48.

Analyst Ratings Changes

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

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.