VivoPower International PLC (NASDAQ:VVPR) Sees Large Decrease in Short Interest

VivoPower International PLC (NASDAQ:VVPR) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 495,000 shares, a decline of 16.8% from the April 30th total of 594,900 shares. Based on an average trading volume of 5,640,000 shares, the short-interest ratio is presently 0.1 days. Currently, 12.3% of the shares of the company are sold short.

Hedge Funds Weigh In On VivoPower International

An institutional investor recently bought a new position in VivoPower International stock. PEAK6 LLC purchased a new stake in VivoPower International PLC (NASDAQ:VVPR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 40,739 shares of the company’s stock, valued at approximately $54,000. PEAK6 LLC owned approximately 0.92% of VivoPower International at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.80% of the company’s stock.

VivoPower International Price Performance

NASDAQ VVPR opened at $5.17 on Wednesday. VivoPower International has a 52-week low of $0.62 and a 52-week high of $8.88. The firm has a 50-day moving average price of $3.91 and a 200 day moving average price of $2.13.

VivoPower International Company Profile

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, the Philippines, and the United Arab Emirates. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments.