Short Interest in VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Rises By 2,400.0%

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 2,500 shares, a growth of 2,400.0% from the August 15th total of 100 shares. Based on an average trading volume of 157,900 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 157,900 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on VACNY. Zacks Research upgraded VAT Group to a “strong sell” rating in a research note on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a research note on Wednesday, May 21st. Finally, The Goldman Sachs Group upgraded VAT Group from a “hold” rating to a “buy” rating in a research note on Monday, September 1st. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, VAT Group presently has an average rating of “Hold”.

VAT Group Stock Performance

Shares of OTCMKTS:VACNY opened at $38.57 on Friday. VAT Group has a twelve month low of $29.86 and a twelve month high of $51.43. The business has a fifty day moving average of $36.62 and a 200-day moving average of $37.36.

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.