Viscofan Sa (OTCMKTS:VSCFF) Sees Significant Increase in Short Interest

Viscofan Sa (OTCMKTS:VSCFF) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 48,353 shares, an increase of 294.4% from the June 30th total of 12,259 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 48,353.0 days.

Viscofan Price Performance

Shares of Viscofan stock opened at $2,075.20 on Friday. The firm’s 50-day moving average price is $748.37 and its two-hundred day moving average price is $303.84. Viscofan has a 1-year low of $64.85 and a 1-year high of $65.00.

Viscofan Company Profile

Viscofan, SA, together with its subsidiaries, manufactures, produces, and distributes casings. The company offers cellulose casings for cooked, smoked, unsmoked, and dry-cured sausages. It also provides collagen casings for processed and pre-cooked fried sausages, and dry-cured snacks, as well as provides collagen film cover for meat products under Total Control Net brand. In addition, the company offers fibrous casings under TITANIUM LINE brand; and transfer plastic casings under VISPICE brand. Further, it provides plastic casings, nanopack plastic films, and shrink bag related products.