VAT Group AG (OTCMKTS:VACNY) Sees Significant Decline in Short Interest

VAT Group AG (OTCMKTS:VACNY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,600 shares, a drop of 44.8% from the November 30th total of 2,900 shares. Based on an average daily trading volume, of 47,700 shares, the days-to-cover ratio is currently 0.0 days.

VAT Group Stock Down 2.1 %

OTCMKTS:VACNY opened at $38.03 on Friday. The firm’s 50-day moving average price is $39.93 and its 200-day moving average price is $47.09. VAT Group has a 1-year low of $36.32 and a 1-year high of $59.72.

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.