Voestalpine AG (OTCMKTS:VLPNY) Short Interest Down 74.5% in March

Voestalpine AG (OTCMKTS:VLPNY - Get Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 74.5% from the February 28th total of 5,500 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the company's shares are short sold.

Analyst Upgrades and Downgrades

Separately, BNP Paribas downgraded shares of Voestalpine from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 3rd.

Voestalpine Price Performance

OTCMKTS:VLPNY traded down $0.22 during trading hours on Monday, hitting $5.06. 197 shares of the company's stock traded hands, compared to its average volume of 1,465. Voestalpine has a twelve month low of $3.34 and a twelve month high of $5.86. The company has a quick ratio of 0.43, a current ratio of 1.39 and a debt-to-equity ratio of 0.19. The stock's fifty day moving average price is $4.49 and its two-hundred day moving average price is $4.18.

Voestalpine (OTCMKTS:VLPNY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share (EPS) for the quarter. Voestalpine had a negative net margin of 0.41% and a negative return on equity of 0.53%. On average, sell-side analysts forecast that Voestalpine will post 0.45 EPS for the current fiscal year.

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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.