Short Interest in Vishay Precision Group, Inc. (NYSE:VPG) Declines By 23.0%

Vishay Precision Group, Inc. (NYSE:VPG - Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 132,200 shares, a decrease of 23.0% from the March 15th total of 171,600 shares. Based on an average daily trading volume, of 53,100 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.2% of the company's shares are sold short.

Vishay Precision Group Stock Down 2.2 %

Shares of VPG traded down $0.76 during mid-day trading on Friday, reaching $33.02. The company's stock had a trading volume of 31,638 shares, compared to its average volume of 41,168. The company has a market cap of $441.87 million, a price-to-earnings ratio of 17.56 and a beta of 1.26. The business has a fifty day moving average of $34.09 and a 200 day moving average of $32.44. The company has a quick ratio of 2.51, a current ratio of 3.94 and a debt-to-equity ratio of 0.10. Vishay Precision Group has a 1 year low of $27.93 and a 1 year high of $41.75.

Vishay Precision Group (NYSE:VPG - Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.25. Vishay Precision Group had a return on equity of 9.19% and a net margin of 7.24%. The firm had revenue of $89.53 million during the quarter, compared to the consensus estimate of $79.69 million. During the same period in the prior year, the business earned $0.76 EPS. As a group, analysts forecast that Vishay Precision Group will post 1.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, TheStreet upgraded shares of Vishay Precision Group from a "c+" rating to a "b-" rating in a report on Friday, March 1st.

Institutional Trading of Vishay Precision Group

Institutional investors have recently made changes to their positions in the stock. Annex Advisory Services LLC lifted its position in Vishay Precision Group by 7.4% in the 1st quarter. Annex Advisory Services LLC now owns 13,285 shares of the scientific and technical instruments company's stock worth $469,000 after buying an additional 921 shares in the last quarter. Bridge City Capital LLC increased its stake in shares of Vishay Precision Group by 3.9% in the first quarter. Bridge City Capital LLC now owns 75,804 shares of the scientific and technical instruments company's stock worth $2,678,000 after acquiring an additional 2,833 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Vishay Precision Group during the fourth quarter worth $321,000. Vanguard Group Inc. boosted its position in Vishay Precision Group by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 644,067 shares of the scientific and technical instruments company's stock valued at $21,943,000 after purchasing an additional 19,297 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Vishay Precision Group by 13.5% in the fourth quarter. Wellington Management Group LLP now owns 508,007 shares of the scientific and technical instruments company's stock valued at $17,308,000 after purchasing an additional 60,509 shares in the last quarter. 87.61% of the stock is currently owned by institutional investors and hedge funds.

About Vishay Precision Group

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.