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

VAT Group AG (OTCMKTS:VACNY) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 16,700 shares, a growth of 16,600.0% from the February 13th total of 100 shares. Based on an average daily volume of 93,500 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

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

VAT Group Trading Up 0.6 %

VACNY stock opened at $38.61 on Thursday. VAT Group has a fifty-two week low of $35.28 and a fifty-two week high of $59.72. The stock has a fifty day moving average of $38.44 and a 200-day moving average of $41.73.

About VAT Group

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.