Varta AG (OTCMKTS:VARGF) Short Interest Up 182.1% in January

Varta AG (OTCMKTS:VARGF) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 26,800 shares, an increase of 182.1% from the December 31st total of 9,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Varta Stock Performance

OTCMKTS:VARGF remained flat at $20.20 on Friday. Varta has a 52-week low of $20.20 and a 52-week high of $20.20. The company’s fifty day moving average is $20.20 and its two-hundred day moving average is $20.20.

Varta Company Profile

Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.