Voestalpine AG (OTCMKTS:VLPNY) Short Interest Up 300.0% in April

Voestalpine AG (OTCMKTS:VLPNY) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, an increase of 300.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1.3 days.

Voestalpine Price Performance

Shares of VLPNY opened at $5.26 on Friday. Voestalpine has a 52-week low of $4.71 and a 52-week high of $7.40. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.41 and a quick ratio of 0.50. The business’s 50 day moving average price is $5.44 and its two-hundred day moving average price is $5.52.

Voestalpine (OTCMKTS:VLPNY) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.10 earnings per share (EPS) for the quarter. Voestalpine had a return on equity of 8.39% and a net margin of 3.58%. The firm had revenue of $4.17 billion for the quarter. Research analysts forecast that Voestalpine will post 0.57 EPS for the current year.

Voestalpine Company Profile

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.