Vishay Intertechnology (NYSE:VSH) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 9,117,400 shares, a decrease of 8.9% from the June 30th total of 10,006,300 shares. Approximately 7.0% of the shares of the company are short sold. Based on an average trading volume of 1,370,000 shares, the short-interest ratio is presently 6.7 days.

Several equities research analysts recently issued reports on VSH shares. ValuEngine raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Zacks Investment Research lowered Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 price target on the stock. in a research report on Saturday, July 13th. Finally, Cowen started coverage on Vishay Intertechnology in a research report on Tuesday, May 21st. They set a “market perform” rating and a $17.00 price target on the stock.

VSH stock opened at $15.56 on Friday. The company has a current ratio of 3.41, a quick ratio of 2.51 and a debt-to-equity ratio of 0.41. The firm has a market cap of $2.21 billion, a P/E ratio of 7.47, a P/E/G ratio of 1.30 and a beta of 1.53. Vishay Intertechnology has a 12-month low of $15.03 and a 12-month high of $23.95. The stock’s 50 day simple moving average is $16.26 and its 200 day simple moving average is $18.26.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The business had revenue of $685.20 million for the quarter, compared to analyst estimates of $685.76 million. Vishay Intertechnology had a return on equity of 21.03% and a net margin of 10.05%. The business’s revenue was down 10.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 EPS. On average, research analysts forecast that Vishay Intertechnology will post 1.29 EPS for the current fiscal year.

Several hedge funds have recently bought and sold shares of VSH. DNB Asset Management AS raised its position in shares of Vishay Intertechnology by 28.1% during the 2nd quarter. DNB Asset Management AS now owns 8,589,309 shares of the semiconductor company’s stock valued at $141,895,000 after acquiring an additional 1,883,626 shares in the last quarter. Nuveen Asset Management LLC acquired a new stake in Vishay Intertechnology in the second quarter worth $29,928,000. Norges Bank acquired a new stake in Vishay Intertechnology in the fourth quarter worth $29,954,000. AQR Capital Management LLC increased its position in Vishay Intertechnology by 39.9% in the second quarter. AQR Capital Management LLC now owns 4,559,381 shares of the semiconductor company’s stock worth $74,546,000 after buying an additional 1,299,323 shares during the period. Finally, First Trust Advisors LP increased its position in Vishay Intertechnology by 707.5% in the first quarter. First Trust Advisors LP now owns 906,431 shares of the semiconductor company’s stock worth $16,742,000 after buying an additional 794,173 shares during the period. 90.53% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.

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