VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY) Short Interest Up 2,400.0% in August

Key Points

• VAT Group AG experienced a dramatic increase in short interest in August, jumping to 2,500 shares, reflecting a growth of 2,400.0% from just 100 shares on August 15th.
• The company’s stock price rose to $36.80 during recent trading, with a 52-week range between $29.86 and $51.43.
• Analyst ratings for VAT Group are mixed, with one upgrade to a "buy" from Goldman Sachs, while Zacks Research has rated it a "strong sell".

VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY - Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,500 shares, a growth of 2,400.0% from the August 15th total of 100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 157,900 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 157,900 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. The Goldman Sachs Group raised shares of VAT Group from a "hold" rating to a "buy" rating in a report on Monday, September 1st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of VAT Group in a report on Wednesday, May 21st. Finally, Zacks Research raised shares of VAT Group to a "strong sell" rating in a report on Tuesday, August 12th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold".

VAT Group Stock Up 2.8%

Shares of VACNY traded up $1.09 during mid-day trading on Tuesday, hitting $40.02. 6,625 shares of the company traded hands, compared to its average volume of 44,324. VAT Group has a 1 year low of $29.86 and a 1 year high of $51.43. The stock has a 50-day moving average price of $36.57 and a two-hundred day moving average price of $37.36.

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.