Short Interest in VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Grows By 224.9%

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 10,447 shares, a growth of 224.9% from the May 14th total of 3,215 shares. Based on an average daily trading volume, of 17,048 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

VAT Group Price Performance

Shares of OTCMKTS:VACNY opened at $84.59 on Friday. VAT Group has a 1-year low of $31.99 and a 1-year high of $84.93. The company’s fifty day moving average is $74.19 and its two-hundred day moving average is $64.20.

Analysts Set New Price Targets

Several research analysts recently commented on the company. The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Zacks Research upgraded VAT Group to a “hold” rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. Finally, Citigroup reiterated a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, VAT Group has a consensus rating of “Moderate Buy”.

About VAT Group

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.