Voestalpine AG (OTCMKTS:VLPNY) Short Interest Up 900.0% in June

Voestalpine AG (OTCMKTS:VLPNYGet Free Report) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 2.0 days.

Voestalpine Price Performance

Shares of OTCMKTS VLPNY remained flat at $5.49 during mid-day trading on Thursday. 1 shares of the stock traded hands, compared to its average volume of 72. Voestalpine has a 52-week low of $4.71 and a 52-week high of $7.40. The company has a current ratio of 1.41, a quick ratio of 0.50 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average of $5.48 and a 200-day moving average of $5.58.

About Voestalpine

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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.

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