VAT Group AG (OTCMKTS:VACNY) Short Interest Down 74.9% in March

VAT Group AG (OTCMKTS:VACNY) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 4,200 shares, a decline of 74.9% from the February 28th total of 16,700 shares. Based on an average daily volume of 35,000 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

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

VAT Group Stock Performance

VAT Group stock opened at $36.69 on Friday. The stock’s fifty day moving average price is $38.60 and its two-hundred day moving average price is $40.90. VAT Group has a one year low of $35.28 and a one 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.