Short Interest in VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Increases By 339.7%

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 66,296 shares, an increase of 339.7% from the June 30th total of 15,078 shares. Based on an average daily volume of 37,718 shares, the short-interest ratio is presently 1.8 days. Currently, 0.0% of the company’s shares are short sold.

VAT Group Stock Performance

VACNY opened at $79.02 on Monday. VAT Group has a 52 week low of $31.99 and a 52 week high of $88.91. The business has a fifty day simple moving average of $81.62 and a 200-day simple moving average of $72.10.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Friday, May 22nd. Zacks Research upgraded shares of VAT Group to a “hold” rating in a report on Monday, April 20th. The Goldman Sachs Group raised shares of VAT Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, VAT Group presently has an average rating of “Moderate Buy”.

VAT Group Company Profile

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.