VivoPower International PLC (NASDAQ:VVPR) Sees Large Decrease in Short Interest

VivoPower International PLC (NASDAQ:VVPR) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 165,800 shares, a drop of 35.1% from the February 28th total of 255,300 shares. Based on an average daily volume of 2,460,000 shares, the short-interest ratio is presently 0.1 days. Currently, 4.1% of the company’s shares are sold short.

Institutional Trading of VivoPower International

A hedge fund recently bought a new stake in VivoPower International stock. Connective Capital Management LLC purchased a new position in VivoPower International PLC (NASDAQ:VVPR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 108,489 shares of the company’s stock, valued at approximately $144,000. Connective Capital Management LLC owned 2.44% of VivoPower International at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.80% of the company’s stock.

VivoPower International Stock Down 6.2 %

VVPR opened at $3.92 on Friday. VivoPower International has a one year low of $0.62 and a one year high of $9.90. The stock’s 50 day moving average price is $1.15 and its 200-day moving average price is $1.15.

About VivoPower International

VivoPower International PLC, together with its subsidiaries, operates as a sustainable energy solutions company in Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments.