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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the target of a significant growth in short interest during the month of 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 short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

VAT Group Price Performance

VAT Group stock opened at $75.50 on Friday. The firm has a fifty day moving average of $69.24 and a 200-day moving average of $59.26. VAT Group has a 52-week low of $31.99 and a 52-week high of $79.98.

Analysts Set New Price Targets

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

VAT Group Company Profile

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.