Short Interest in Voestalpine AG (OTCMKTS:VLPNY) Rises By 300.0%

Voestalpine AG (OTCMKTS:VLPNY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 400 shares, a growth of 300.0% from the September 15th total of 100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1.3 days.

Voestalpine Stock Performance

Shares of Voestalpine stock remained flat at $4.43 on Friday. The stock had a trading volume of 30 shares, compared to its average volume of 122. The stock’s fifty day moving average is $4.65 and its 200 day moving average is $5.17. Voestalpine has a 1-year low of $4.33 and a 1-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.

Voestalpine (OTCMKTS:VLPNY) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.17 earnings per share for the quarter. The business had revenue of $4.46 billion for the quarter. Voestalpine had a net margin of 0.35% and a return on equity of 1.13%. On average, equities research analysts forecast that Voestalpine will post 0.72 EPS for the current fiscal year.

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.