Vossloh AG (OTCMKTS:VOSSF) Sees Large Drop in Short Interest

Vossloh AG (OTCMKTS:VOSSF) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 13,790 shares, a drop of 41.2% from the June 30th total of 23,456 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Vossloh Price Performance

Shares of VOSSF stock opened at $67.31 on Thursday. Vossloh has a fifty-two week low of $66.16 and a fifty-two week high of $95.62. The stock’s 50-day simple moving average is $73.22 and its 200-day simple moving average is $82.83.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group assumed coverage on Vossloh in a report on Thursday, April 23rd. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Vossloh Company Profile

Vossloh AG is a Germany-based provider of rail infrastructure products and services, serving the global rail industry. The company specializes in the development, manufacturing and distribution of rail fastening systems and turnouts, designed to ensure safe and reliable track operation. In addition to core fastening solutions, Vossloh offers rail maintenance equipment, including grinding and milling machinery, along with lightweight diesel locomotives and components for urban transport networks.

Founded in 1883 as an ironworks in Werdohl, North Rhine-Westphalia, Vossloh has grown through strategic acquisitions and technological innovation.