Short Interest in Victrex plc (OTCMKTS:VTXPF) Drops By 18.3%

Victrex plc (OTCMKTS:VTXPF) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 9,400 shares, a drop of 18.3% from the November 30th total of 11,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Victrex Stock Performance

Shares of VTXPF opened at $13.24 on Monday. Victrex has a 52 week low of $10.26 and a 52 week high of $13.18. The stock’s 50-day moving average price is $11.04 and its 200-day moving average price is $12.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.14 and a current ratio of 5.30.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Victrex to a “hold” rating in a research report on Friday, October 4th.

Victrex Company Profile

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.