VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Short Interest Update

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,015 shares, a drop of 87.9% from the July 15th total of 66,296 shares. Based on an average daily trading volume, of 24,932 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of VAT Group in a research note on Wednesday, July 29th. The Goldman Sachs Group raised shares of VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Zacks Research raised shares of VAT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

VAT Group Stock Performance

Shares of VACNY stock opened at $79.07 on Thursday. The company’s 50 day moving average price is $81.42 and its two-hundred day moving average price is $73.71. VAT Group has a 52 week low of $31.99 and a 52 week high of $88.91.

VAT Group Company Profile

VAT Group AG is a Switzerland-based manufacturer specializing in high-precision vacuum valves and related flow-control solutions for advanced technology industries. Its core products include gate valves, angle valves, slit valves and vacuum components designed to maintain ultra-high vacuum environments essential to semiconductor fabrication, flat-panel display manufacturing, scientific research and other industrial vacuum applications. In addition to standard product lines, VAT offers customized valve assemblies and integrated subsystems that address the stringent purity and reliability requirements of modern production processes.

Founded in 1965 and headquartered in Haag, Switzerland, VAT Group has grown into a global supplier serving customers across Europe, Asia and the Americas.