VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 13,463 shares, a growth of 347.7% from the September 15th total of 3,007 shares. Based on an average daily trading volume, of 23,475 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the company’s stock are short sold.
VAT Group Stock Performance
Shares of VAT Group stock opened at $81.27 on Monday. The company has a 50-day simple moving average of $77.23 and a two-hundred day simple moving average of $76.94. VAT Group has a one year low of $38.62 and a one year high of $88.91.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on VACNY. UBS Group reissued a “buy” rating on shares of VAT Group in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research note on Friday, July 10th. Zacks Research cut shares of VAT Group from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Jefferies Financial Group raised shares of VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of VAT Group in a report on Wednesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.
About VAT Group
VAT Group AG is a Switzerland-based developer and manufacturer of high-vacuum technology. The company’s product portfolio includes vacuum valves, multi-valve modules, vacuum-management systems, and related components used to control and isolate vacuum environments.
Its products are primarily used in the semiconductor industry, including semiconductor manufacturing and related process equipment. VAT also serves customers in display production, solar and photovoltaic manufacturing, LED production, research, and other industrial applications that require precise vacuum control.
Founded in 1965, VAT Group is headquartered in Haag, Switzerland, and operates internationally through a global sales, service, and manufacturing network.
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