Voestalpine AG (OTCMKTS:VLPNY) Short Interest Update

Voestalpine AG (OTCMKTS:VLPNY) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,100 shares, a growth of 3,000.0% from the December 31st total of 100 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 2.2 days.

Voestalpine Stock Performance

Shares of VLPNY stock remained flat at $3.68 during mid-day trading on Tuesday. 177 shares of the stock traded hands, compared to its average volume of 634. Voestalpine has a twelve month low of $3.34 and a twelve month high of $6.05. 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 50-day moving average price is $3.70 and its two-hundred day moving average price is $4.28.

Wall Street Analyst Weigh In

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

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.