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.

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.