Victrex PLC (OTCMKTS:VTXPF) Sees Large Growth in Short Interest

Key Points

• Short interest in Victrex PLC rose by 70.6% in August, increasing to 30,200 shares from 17,700 shares at the end of July.
• The days-to-cover ratio for Victrex currently stands at an extended 302.0 days, based on an average daily volume of 100 shares.
• Victrex's stock is trading at $9.78, showing a price increase of 6.4% recently, with a 52-week trading range of $8.99 to $13.24.

Victrex PLC (OTCMKTS:VTXPF - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 30,200 shares, an increase of 70.6% from the July 31st total of 17,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 302.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 302.0 days.

Victrex Stock Performance

Shares of VTXPF stock remained flat at $9.78 on Thursday. The stock has a 50-day simple moving average of $9.67 and a 200 day simple moving average of $10.47. The company has a current ratio of 3.81, a quick ratio of 1.58 and a debt-to-equity ratio of 0.13. Victrex has a 52-week low of $8.99 and a 52-week high of $13.24.

Victrex Company Profile

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.