Vishay Intertechnology, Inc. (NYSE:VSH) Short Interest Update

Vishay Intertechnology, Inc. (NYSE:VSH) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 11,980,000 shares, a decline of 26.0% from the March 15th total of 16,190,000 shares. Based on an average trading volume of 2,260,000 shares, the short-interest ratio is presently 5.3 days. Approximately 9.8% of the company’s shares are sold short.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares in the company, valued at approximately $1,290,779.84. The trade was a 26.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 8.14% of the company’s stock.

Institutional Trading of Vishay Intertechnology

A number of large investors have recently bought and sold shares of the business. QRG Capital Management Inc. lifted its stake in Vishay Intertechnology by 79.3% in the first quarter. QRG Capital Management Inc. now owns 25,399 shares of the semiconductor company’s stock valued at $404,000 after buying an additional 11,236 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Vishay Intertechnology during the first quarter worth $177,000. SG Americas Securities LLC lifted its position in Vishay Intertechnology by 300.4% in the 1st quarter. SG Americas Securities LLC now owns 75,806 shares of the semiconductor company’s stock valued at $1,205,000 after acquiring an additional 56,875 shares in the last quarter. GAMMA Investing LLC boosted its stake in Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 2,312 shares during the period. Finally, Matrix Trust Co increased its holdings in Vishay Intertechnology by 45.6% during the 1st quarter. Matrix Trust Co now owns 14,584 shares of the semiconductor company’s stock worth $232,000 after purchasing an additional 4,566 shares in the last quarter. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Stock Performance

VSH stock opened at $11.26 on Friday. Vishay Intertechnology has a 1-year low of $10.35 and a 1-year high of $24.69. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The firm has a market cap of $1.53 billion, a PE ratio of -46.90 and a beta of 1.06. The business’s 50-day moving average price is $15.85 and its two-hundred day moving average price is $16.82.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 3.55%. Vishay Intertechnology’s dividend payout ratio is presently -166.67%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.