Short Interest in Voestalpine AG (OTCMKTS:VLPNY) Grows By 60.0%

Voestalpine AG (OTCMKTS:VLPNY - Get Free Report) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 800 shares, an increase of 60.0% from the October 31st total of 500 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 1.6 days.

Voestalpine Price Performance

VLPNY traded up $0.04 on Friday, reaching $3.69. The company had a trading volume of 164 shares, compared to its average volume of 455. The stock has a 50-day moving average price of $4.17 and a 200-day moving average price of $4.81. Voestalpine has a 1 year low of $3.65 and a 1 year high of $6.20. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 0.52.

Voestalpine Company Profile

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.