VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Short Interest Down 99.2% in July

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, adropof99.2% from the July 15th total of 11,800 shares. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

VACNY has been the subject of a number of research reports. Zacks Research upgraded VAT Group to a “strong sell” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a research report on Wednesday, May 21st.

VAT Group Price Performance

Shares of VACNY opened at $33.88 on Friday. VAT Group has a 1 year low of $29.86 and a 1 year high of $53.10. The stock has a 50 day simple moving average of $39.50 and a 200-day simple moving average of $37.98.

VAT Group Company Profile

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.