Vishay Intertechnology, Inc. (NYSE:VSH) Sees Significant Drop in Short Interest

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 11,980,000 shares, a decline of 26.0% from the March 15th total of 16,190,000 shares. Approximately 9.8% of the company's stock are short sold. Based on an average trading volume of 2,260,000 shares, the short-interest ratio is presently 5.3 days.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock traded up $0.36 during trading hours on Friday, hitting $11.26. The stock had a trading volume of 2,035,178 shares, compared to its average volume of 1,722,160. Vishay Intertechnology has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The company has a market cap of $1.53 billion, a PE ratio of -46.90 and a beta of 1.06. The company has a 50-day moving average of $15.73 and a two-hundred day moving average of $16.76. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 3.55%. Vishay Intertechnology's dividend payout ratio is currently -166.67%.

Analyst Ratings Changes

Separately, StockNews.com raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th.

Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the sale, the chairman now owns 76,468 shares of the company's stock, valued at $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 8.32% of the company's stock.

Hedge Funds Weigh In On Vishay Intertechnology

Hedge funds have recently made changes to their positions in the business. Wealthfront Advisers LLC bought a new stake in Vishay Intertechnology in the fourth quarter valued at about $38,000. GAMMA Investing LLC raised its holdings in shares of Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock worth $43,000 after buying an additional 2,312 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock worth $46,000 after buying an additional 1,989 shares during the period. Sterling Capital Management LLC boosted its stake in Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after buying an additional 3,547 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Vishay Intertechnology by 351.1% in the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock valued at $74,000 after acquiring an additional 3,406 shares during the period. Institutional investors and hedge funds own 93.66% of the company's stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.