Varta AG (OTCMKTS:VARGF) Sees Large Increase in Short Interest

Varta AG (OTCMKTS:VARGF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 55,900 shares, an increase of 31.2% from the August 31st total of 42,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Varta Stock Performance

Shares of OTCMKTS VARGF opened at $20.20 on Friday. The company has a 50-day moving average price of $20.20 and a 200-day moving average price of $20.20. Varta has a 1 year low of $20.20 and a 1 year high of $20.20.

About Varta

Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.