Short Interest in Varta AG (OTCMKTS:VARGF) Drops By 75.1%

Varta AG (OTCMKTS:VARGF) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 9,500 shares, a drop of 75.1% from the December 15th total of 38,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Varta Stock Performance

Shares of OTCMKTS VARGF remained flat at $20.20 during midday trading on Monday. The firm has a 50-day moving average price of $20.20 and a two-hundred day moving average price of $20.20. Varta has a 12-month low of $20.20 and a 12-month high of $20.20.

About Varta

Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.