VAT Group AG (OTCMKTS:VACNY) Sees Large Decline in Short Interest

VAT Group AG (OTCMKTS:VACNY) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 6,900 shares, a decrease of 53.1% from the March 31st total of 14,700 shares. Based on an average daily volume of 204,400 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

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

VAT Group Trading Up 4.1 %

VACNY opened at $36.26 on Tuesday. The stock has a 50-day moving average price of $36.52 and a 200-day moving average price of $38.41. VAT Group has a 12-month low of $29.86 and a 12-month high of $59.72.

VAT Group Company Profile

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.