Short Interest in Vivopower International Plc (NASDAQ:VVPR) Grows By 47.0%

Vivopower International Plc (NASDAQ:VVPR) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 1,531,234 shares, a growth of 47.0% from the January 29th total of 1,041,769 shares. Currently, 13.4% of the company’s shares are short sold. Based on an average daily volume of 1,623,825 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 1,623,825 shares, the days-to-cover ratio is currently 0.9 days. Currently, 13.4% of the company’s shares are short sold.

Vivopower International Stock Performance

VVPR opened at $2.36 on Monday. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.84. The stock has a fifty day simple moving average of $2.28 and a two-hundred day simple moving average of $3.50. Vivopower International has a 12-month low of $0.62 and a 12-month high of $8.88.

Vivopower International (NASDAQ:VVPR) last released its earnings results on Thursday, October 30th. The company reported ($0.63) earnings per share for the quarter. The firm had revenue of $0.00 million for the quarter.

Hedge Funds Weigh In On Vivopower International

Several large investors have recently made changes to their positions in the business. IFG Advisory LLC purchased a new stake in shares of Vivopower International in the 3rd quarter worth approximately $46,000. SBI Securities Co. Ltd. boosted its holdings in Vivopower International by 7,088.4% in the second quarter. SBI Securities Co. Ltd. now owns 11,789 shares of the company’s stock worth $48,000 after acquiring an additional 11,625 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Vivopower International in the fourth quarter worth $28,000. JPMorgan Chase & Co. bought a new position in shares of Vivopower International during the second quarter valued at $53,000. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Vivopower International in the 3rd quarter worth about $90,000. 15.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VVPR has been the subject of several research analyst reports. Wall Street Zen cut Vivopower International from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of Vivopower International in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Vivopower International currently has an average rating of “Sell”.

About Vivopower International

VivoPower International PLC is a global provider of energy infrastructure and battery solutions, specializing in the design, development and deployment of lithium-ion battery systems and integrated charging networks. Through its Energy Solutions division, the company engineers and manufactures modular energy storage products—ranging from portable power stations to large-scale battery arrays—under its Dragonfly Energy brand. These solutions support a broad array of end markets including remote telecommunications, off-grid mining, defense, and emergency backup power applications.

In parallel, VivoPower’s Infrastructure division focuses on the financing, construction, ownership and operation of clean energy projects and electric vehicle charging networks.