Viscofan Sa (OTCMKTS:VSCFF) Sees Large Growth in Short Interest

Viscofan Sa (OTCMKTS:VSCFF) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 12,259 shares, an increase of 272.7% from the June 15th total of 3,289 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Viscofan Stock Performance

VSCFF opened at $2,075.20 on Monday. The business’s 50-day simple moving average is $346.30 and its 200 day simple moving average is $163.95. Viscofan has a 52-week low of $64.85 and a 52-week 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.