Short Interest in Voestalpine AG (OTCMKTS:VLPNY) Decreases By 50.0%

Voestalpine AG (OTCMKTS:VLPNY) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 100 shares, a decline of 50.0% from the August 31st total of 200 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 0.3 days.

Voestalpine Stock Performance

Shares of Voestalpine stock opened at $4.62 on Thursday. Voestalpine has a fifty-two week low of $4.33 and a fifty-two week high of $6.20. The business’s fifty day moving average is $4.79 and its two-hundred day moving average is $5.24. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 0.52.

Voestalpine (OTCMKTS:VLPNY) last released its earnings results on Wednesday, August 7th. The company reported $0.17 earnings per share for the quarter. Voestalpine had a return on equity of 1.13% and a net margin of 0.35%. The firm had revenue of $4.46 billion for the quarter. On average, research analysts predict that Voestalpine will post 0.72 earnings per share for the current year.

Voestalpine Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Friday, July 12th were issued a dividend of $0.0955 per share. The ex-dividend date was Friday, July 12th.

Voestalpine Company Profile

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.