Voestalpine AG (OTCMKTS:VLPNY) Sees Significant Increase in Short Interest

Voestalpine AG (OTCMKTS:VLPNY) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 500 shares, a growth of 400.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 1.0 days.

Voestalpine Stock Performance

Shares of VLPNY stock traded up $0.01 during trading hours on Tuesday, reaching $4.10. The company had a trading volume of 309 shares, compared to its average volume of 916. The business has a fifty day moving average price of $4.40 and a 200-day moving average price of $4.97. Voestalpine has a one year low of $3.95 and a one year high of $6.20. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.52 and a current ratio of 1.37.

About Voestalpine

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.