VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Sees Large Growth in Short Interest

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNYGet Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 3,291 shares, a growth of 105.3% from the April 15th total of 1,603 shares. Based on an average trading volume of 10,907 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

VAT Group Price Performance

Shares of OTCMKTS VACNY opened at $75.50 on Friday. The firm’s 50-day moving average price is $69.24 and its two-hundred day moving average price is $59.26. VAT Group has a 52-week low of $31.99 and a 52-week high of $79.98.

Wall Street Analyst Weigh In

VACNY has been the topic of a number of recent research reports. The Goldman Sachs Group raised shares of VAT Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. Oddo Bhf lowered shares of VAT Group to a “neutral” rating in a report on Thursday, January 22nd. Citigroup reaffirmed a “buy” rating on shares of VAT Group in a research note on Friday, April 17th. Zacks Research upgraded shares of VAT Group to a “hold” rating in a report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on VAT Group

VAT Group Company Profile

(Get Free Report)

VAT Group AG is a Switzerland-based manufacturer specializing in high-precision vacuum valves and related flow-control solutions for advanced technology industries. Its core products include gate valves, angle valves, slit valves and vacuum components designed to maintain ultra-high vacuum environments essential to semiconductor fabrication, flat-panel display manufacturing, scientific research and other industrial vacuum applications. In addition to standard product lines, VAT offers customized valve assemblies and integrated subsystems that address the stringent purity and reliability requirements of modern production processes.

Founded in 1965 and headquartered in Haag, Switzerland, VAT Group has grown into a global supplier serving customers across Europe, Asia and the Americas.

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