VAT Group AG (OTCMKTS:VACNY) Short Interest Up 16,600.0% in February

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

Analysts Set New Price Targets

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

VAT Group Trading Down 1.0 %

VACNY stock traded down $0.39 during midday trading on Wednesday, reaching $38.36. 20,562 shares of the company’s stock traded hands, compared to its average volume of 28,293. The company has a 50-day simple moving average of $38.42 and a two-hundred day simple moving average of $41.75. VAT Group has a 1-year low of $35.28 and a 1-year 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.