Vicor Corp (NASDAQ:VICR) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 1,442,689 shares, a decrease of 29.7% from the February 15th total of 2,050,835 shares. Currently, 8.0% of the company’s shares are short sold. Based on an average trading volume of 300,952 shares, the short-interest ratio is currently 4.8 days.

VICR opened at $32.19 on Friday. Vicor has a 12-month low of $24.00 and a 12-month high of $64.50. The stock has a market cap of $1.29 billion, a P/E ratio of 39.42 and a beta of 0.50.

Several equities analysts recently issued reports on VICR shares. ValuEngine raised Vicor from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. BidaskClub raised Vicor from a “hold” rating to a “buy” rating in a research note on Friday, December 28th. Finally, TheStreet lowered Vicor from a “b-” rating to a “c+” rating in a research note on Monday, February 25th.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its holdings in Vicor by 3.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 446,722 shares of the electronics maker’s stock worth $20,549,000 after purchasing an additional 14,204 shares during the period. NJ State Employees Deferred Compensation Plan purchased a new stake in Vicor during the 4th quarter worth about $416,000. BlackRock Inc. increased its holdings in Vicor by 2.6% during the 3rd quarter. BlackRock Inc. now owns 2,361,663 shares of the electronics maker’s stock worth $108,636,000 after purchasing an additional 59,495 shares during the period. Legal & General Group Plc increased its holdings in Vicor by 6.0% during the 3rd quarter. Legal & General Group Plc now owns 34,607 shares of the electronics maker’s stock worth $1,579,000 after purchasing an additional 1,969 shares during the period. Finally, GSA Capital Partners LLP increased its holdings in Vicor by 54.7% during the 3rd quarter. GSA Capital Partners LLP now owns 24,179 shares of the electronics maker’s stock worth $1,112,000 after purchasing an additional 8,546 shares during the period. 30.72% of the stock is currently owned by hedge funds and other institutional investors.

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Vicor Company Profile

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting, regulating, and controlling electric current worldwide. It operates through three segments: Brick Business Unit, VI Chip, and Picor. The company offers modular direct current (DC)-DC converters, open-frame intermediate bus converters, and complementary components; high density zero voltage soft switching DC-DC converters; configurable products; and custom power systems.

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