VivoPower International PLC (NASDAQ:VVPR) Sees Large Decrease in Short Interest

VivoPower International PLC (NASDAQ:VVPR) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 165,800 shares, a decline of 35.1% from the February 28th total of 255,300 shares. Based on an average daily volume of 2,460,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 4.1% of the company’s stock are short sold.

VivoPower International Price Performance

VivoPower International stock opened at $3.92 on Monday. The company’s 50 day moving average price is $1.15 and its two-hundred day moving average price is $1.14. VivoPower International has a 52 week low of $0.62 and a 52 week high of $9.90.

Institutional Trading of VivoPower International

A hedge fund recently bought a new stake in VivoPower International stock. PEAK6 LLC bought a new position in VivoPower International PLC (NASDAQ:VVPR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 40,739 shares of the company’s stock, valued at approximately $54,000. PEAK6 LLC owned approximately 0.92% of VivoPower International as of its most recent SEC filing. 15.80% of the stock is owned by institutional investors and hedge funds.

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.