Koninklijke Vopak (OTCMKTS:VOPKY) Sees Large Growth in Short Interest

Koninklijke Vopak (OTCMKTS:VOPKYGet Rating) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 2,600 shares, an increase of 44.4% from the June 30th total of 1,800 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 1.7 days.

Analyst Ratings Changes

Separately, Morgan Stanley decreased their price target on shares of Koninklijke Vopak from €37.40 ($38.16) to €30.00 ($30.61) and set an “equal weight” rating for the company in a research report on Thursday, July 21st.

Koninklijke Vopak Stock Performance

Koninklijke Vopak stock opened at $23.32 on Monday. Koninklijke Vopak has a twelve month low of $22.96 and a twelve month high of $43.75. The stock’s fifty day simple moving average is $25.69 and its 200-day simple moving average is $29.58. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.54.

About Koninklijke Vopak

(Get Rating)

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including tanks, jetties, truck loading stations, and pipelines. The company operates 73 terminals in 23 countries with a storage capacity of 36.2 million cubic meters.

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