VivoPower International PLC (NASDAQ:VVPR) Sees Significant Decline in Short Interest

VivoPower International PLC (NASDAQ:VVPR) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 285,700 shares, a drop of 21.7% from the January 31st total of 365,100 shares. Based on an average daily volume of 570,500 shares, the days-to-cover ratio is currently 0.5 days.

VivoPower International Stock Performance

Shares of VVPR stock opened at $0.73 on Tuesday. The stock’s fifty day moving average price is $1.11 and its 200 day moving average price is $1.22. VivoPower International has a 1-year low of $0.70 and a 1-year high of $9.90.

Institutional Investors Weigh In On VivoPower International

A hedge fund recently bought a new stake in VivoPower International stock. Connective Capital Management LLC bought a new position in shares of VivoPower International PLC (NASDAQ:VVPR) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 108,489 shares of the company’s stock, valued at approximately $144,000. Connective Capital Management LLC owned 2.44% of VivoPower International as of its most recent SEC filing. 15.80% of the stock is currently owned by institutional investors.

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.