Volex plc (OTCMKTS:VLXGF) Stock Short Interest Report for October

Volex plc (OTCMKTS:VLXGF) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 4,802 shares, an increase of 1,860.0% from the October 15th total of 245 shares. Based on an average daily volume of 415 shares, the days-to-cover ratio is currently 11.6 days.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Volex in a report on Monday, October 19th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Volex Stock Performance

Shares of VLXGF stock remained flat at $7.04 during trading on Tuesday. 385 shares of the company traded hands, compared to its average volume of 7,808. The business’s fifty day moving average is $8.22 and its 200-day moving average is $7.50. Volex has a twelve month low of $5.16 and a twelve month high of $9.53.

About Volex

Volex is a global manufacturer of power and connectivity products. Its offerings include power cords, cable assemblies, wiring harnesses and high-speed copper cables used to connect and supply power to electronic equipment and systems. The company serves customers across markets including consumer electronics, medical devices, electric vehicles and industrial technology. Its products are used in applications ranging from everyday electrical equipment to specialized systems that require dependable power and data connections.