Volex plc (OTCMKTS:VLXGF – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 100 shares, a decline of 99.8% from the June 15th total of 41,128 shares. Based on an average daily trading volume, of 14,055 shares, the short-interest ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
VLXGF has been the topic of a number of recent research reports. Jefferies Financial Group restated a “buy” rating on shares of Volex in a research note on Sunday, April 26th. Investec raised Volex from a “hold” rating to a “buy” rating in a report on Tuesday, June 30th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.
Read Our Latest Analysis on VLXGF
Volex Stock Performance
About Volex
Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as PCB assembly, box build, and complex cable assemblies; electric vehicle charging solutions; cable harness and power products; copper interconnect cable and data transfer cable; and data center power cables and power cords. It also offers plugs, connectors, and receptacles. Its products are used in complex industrial technology, consumer electronics, electric vehicle, and medical markets.
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