Short Interest in VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Grows By 339.7%

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 66,296 shares, an increase of 339.7% from the June 30th total of 15,078 shares. Based on an average daily trading volume, of 37,718 shares, the short-interest ratio is currently 1.8 days. Approximately 0.0% of the shares of the stock are short sold.

VAT Group Stock Performance

Shares of OTCMKTS VACNY opened at $79.02 on Friday. The firm’s 50-day moving average price is $81.62 and its 200-day moving average price is $71.98. VAT Group has a 12-month low of $31.99 and a 12-month high of $88.91.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on VACNY shares. Zacks Research raised VAT Group to a “hold” rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a research report on Friday, July 10th. Citigroup reissued a “buy” rating on shares of VAT Group in a report on Friday, May 22nd. Finally, The Goldman Sachs Group upgraded shares of VAT Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. One investment 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 company. According to 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.