Vivopower International Plc (NASDAQ:VVPR) Short Interest Update

Vivopower International Plc (NASDAQ:VVPR) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,276,169 shares, an increase of 48.6% from the February 12th total of 1,531,234 shares. Currently, 20.0% of the shares of the company are short sold. Based on an average trading volume of 1,624,258 shares, the days-to-cover ratio is currently 1.4 days. Based on an average trading volume of 1,624,258 shares, the days-to-cover ratio is currently 1.4 days. Currently, 20.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Vivopower International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VVPR. Renaissance Technologies LLC bought a new position in shares of Vivopower International in the fourth quarter worth approximately $306,000. Legal & General Group Plc raised its position in shares of Vivopower International by 18.7% during the 3rd quarter. Legal & General Group Plc now owns 113,749 shares of the company’s stock valued at $518,000 after purchasing an additional 17,919 shares during the period. Sender Co & Partners Inc. purchased a new position in shares of Vivopower International during the 3rd quarter valued at $311,000. Rossby Financial LCC purchased a new position in shares of Vivopower International during the 3rd quarter valued at $166,000. Finally, XTX Topco Ltd bought a new position in Vivopower International in the 4th quarter worth $62,000. 15.80% of the stock is owned by hedge funds and other institutional investors.

Vivopower International Stock Up 10.7%

Shares of VVPR stock opened at $2.07 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.84. Vivopower International has a 12 month low of $0.62 and a 12 month high of $8.88. The company has a 50 day simple moving average of $2.20 and a two-hundred day simple moving average of $3.27.

Analysts Set New Price Targets

VVPR has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Vivopower International in a report on Monday, December 29th. Wall Street Zen raised shares of Vivopower International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Vivopower International Company Profile

VivoPower International PLC is a global provider of energy infrastructure and battery solutions, specializing in the design, development and deployment of lithium-ion battery systems and integrated charging networks. Through its Energy Solutions division, the company engineers and manufactures modular energy storage products—ranging from portable power stations to large-scale battery arrays—under its Dragonfly Energy brand. These solutions support a broad array of end markets including remote telecommunications, off-grid mining, defense, and emergency backup power applications.

In parallel, VivoPower’s Infrastructure division focuses on the financing, construction, ownership and operation of clean energy projects and electric vehicle charging networks.