VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Short Interest Update

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 9,200 shares, a growth of 268.0% from the August 31st total of 2,500 shares. Based on an average daily volume of 51,200 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 51,200 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Zacks Research raised shares of VAT Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. The Goldman Sachs Group raised shares of VAT Group from a “hold” rating to a “buy” rating in a research note on Monday, September 1st. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

VAT Group Stock Performance

VACNY opened at $44.06 on Friday. VAT Group has a 52 week low of $29.86 and a 52 week high of $49.94. The business has a 50 day moving average of $36.78 and a 200-day moving average of $37.65.

About VAT Group

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.