Free Trial

Victrex PLC (OTCMKTS:VTXPF) Short Interest Update

Victrex logo with Basic Materials background

Key Points

  • Short Interest Surge: Victrex PLC experienced a significant increase in short interest, rising by 58.1% from 11,700 shares at the end of June to 18,500 shares by mid-July.
  • Days-to-Cover Ratio: With an average daily volume of 100 shares, the days-to-cover ratio is now 185.0 days, indicating a substantial wait for short-sellers to cover their positions.
  • Stock Performance: Victrex shares opened at $9.19 and have a 50-day moving average of $10.33, showing a notable difference from its one-year low of $8.99.
  • Want stock alerts on Victrex? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Victrex PLC (OTCMKTS:VTXPF - Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 18,500 shares, agrowthof58.1% from the June 30th total of 11,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 185.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 185.0 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Victrex in a research note on Wednesday, April 16th.

Check Out Our Latest Stock Analysis on Victrex

Victrex Price Performance

OTCMKTS:VTXPF remained flat at $9.19 during mid-day trading on Friday. The stock's 50 day simple moving average is $10.31 and its 200-day simple moving average is $10.95. Victrex has a 52 week low of $8.99 and a 52 week high of $13.24. The company has a current ratio of 3.81, a quick ratio of 1.58 and a debt-to-equity ratio of 0.13.

About Victrex

(Get Free Report)

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.

Featured Articles

Should You Invest $1,000 in Victrex Right Now?

Before you consider Victrex, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Victrex wasn't on the list.

While Victrex currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

$15 Billion for Cybersecurity: The Government’s Next Big Push
Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines