VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY) Short Interest Up 268.0% in September

Key Points

• The short interest for VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY) increased by 268.0% in September, totaling 9,200 shares as of September 15th.
• Analysts have generally rated the stock with a consensus of "Hold", with Goldman Sachs upgrading it from "hold" to "buy" and Zacks Research changing its rating from "strong sell" to "hold."
• As of the latest trading, VACNY stock is up 3.0%, currently priced at $40.84, with a fifty-day moving average of $36.47.

VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY - Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 9,200 shares, a growth of 268.0% from the August 31st total of 2,500 shares. Based on an average trading volume of 51,200 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 51,200 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

VACNY has been the topic of a number of recent research reports. The Goldman Sachs Group upgraded shares of VAT Group from a "hold" rating to a "buy" rating in a research note on Monday, September 1st. Zacks Research upgraded shares of VAT Group from a "strong sell" rating to a "hold" rating in a research report on Monday, September 22nd. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

VAT Group Stock Up 3.0%

VACNY stock opened at $40.84 on Thursday. The company has a fifty day moving average price of $36.47 and a two-hundred day moving average price of $37.59. VAT Group has a one year low of $29.86 and a one year high of $50.41.

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.

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