Voestalpine AG (OTCMKTS:VLPNY) Short Interest Update

Voestalpine AG (OTCMKTS:VLPNY) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,700 shares, adecreaseof79.0% from the July 15th total of 8,100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 3.4 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 3.4 days.

Voestalpine Price Performance

Shares of VLPNY stock opened at $6.16 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.44 and a debt-to-equity ratio of 0.26. Voestalpine has a twelve month low of $3.34 and a twelve month high of $6.26. The company has a market cap of $5.28 billion, a P/E ratio of 30.80 and a beta of 1.31. The business has a fifty day simple moving average of $5.51 and a 200 day simple moving average of $5.01.

Voestalpine (OTCMKTS:VLPNY) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.17 earnings per share for the quarter. The business had revenue of $4.70 billion during the quarter. Voestalpine had a return on equity of 2.18% and a net margin of 1.02%. On average, sell-side analysts forecast that Voestalpine will post 0.45 EPS for the current fiscal year.

Voestalpine Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 30th. Shareholders of record on Monday, July 14th were given a $0.0724 dividend. The ex-dividend date was Friday, July 11th. This represents a yield of 130.0%. Voestalpine’s dividend payout ratio (DPR) is currently 35.00%.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “neutral” rating on shares of Voestalpine in a report on Wednesday, June 11th.

Voestalpine Company Profile

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.