Vicor Corp (VICR) Sees Significant Decrease in Short Interest
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.
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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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