VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Short Interest Down 53.2% in August

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 3,752 shares, a drop of 53.2% from the July 30th total of 8,015 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,211 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Several brokerages recently issued reports on VACNY. Citigroup reaffirmed a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Jefferies Financial Group upgraded VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of VAT Group in a report on Wednesday, July 29th. Finally, Zacks Research upgraded VAT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

VAT Group Stock Performance

Shares of OTCMKTS VACNY opened at $74.06 on Monday. The company has a 50 day simple moving average of $80.19 and a 200-day simple moving average of $74.70. VAT Group has a 1 year low of $31.99 and a 1 year high of $88.91.

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.