Voestalpine AG (OTCMKTS:VLPNY) Sees Significant Decline in Short Interest

Voestalpine AG (OTCMKTS:VLPNY) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 100 shares, a decrease of 87.5% from the November 15th total of 800 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 0.1 days.

Voestalpine Price Performance

VLPNY stock remained flat at $3.99 during mid-day trading on Friday. 9 shares of the company’s stock traded hands, compared to its average volume of 383. Voestalpine has a 1-year low of $3.65 and a 1-year high of $6.20. The firm’s 50-day moving average price is $4.02 and its 200-day moving average price is $4.69. The company has a quick ratio of 0.52, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.

About Voestalpine

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.