VivoPower International PLC (NASDAQ:VVPR) Sees Significant Growth in Short Interest

VivoPower International PLC (NASDAQ:VVPR) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 194,700 shares, a growth of 23.3% from the August 15th total of 157,900 shares. Based on an average daily trading volume, of 169,600 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.4% of the company’s stock are short sold.

VivoPower International Stock Up 2.3 %

Shares of VivoPower International stock opened at $0.49 on Friday. The business has a 50-day simple moving average of $0.54 and a 200-day simple moving average of $0.53. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.63 and a quick ratio of 0.57. VivoPower International has a one year low of $0.23 and a one year high of $1.17.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VVPR. Armistice Capital LLC raised its holdings in shares of VivoPower International by 34.8% in the 4th quarter. Armistice Capital LLC now owns 1,916,895 shares of the company’s stock valued at $472,000 after purchasing an additional 495,136 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of VivoPower International by 41.4% during the fourth quarter. Renaissance Technologies LLC now owns 110,400 shares of the company’s stock worth $27,000 after purchasing an additional 32,337 shares in the last quarter. Virtu Financial LLC grew its stake in shares of VivoPower International by 56.2% during the second quarter. Virtu Financial LLC now owns 67,575 shares of the company’s stock worth $46,000 after purchasing an additional 24,321 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in shares of VivoPower International by 398.0% during the third quarter. Citadel Advisors LLC now owns 66,731 shares of the company’s stock worth $49,000 after purchasing an additional 53,331 shares in the last quarter. Hedge funds and other institutional investors own 0.73% of the company’s stock.

About VivoPower International

VivoPower International PLC, together with its subsidiaries, operates as a sustainable energy solutions company in Australia, Canada, the Netherlands, the United Kingdom, the United States, and the United Arab Emirates. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments.