Voestalpine AG (OTCMKTS:VLPNY) Sees Large Growth in Short Interest

Voestalpine AG (OTCMKTS:VLPNY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 800 shares, a growth of 60.0% from the October 31st total of 500 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 1.6 days.

Voestalpine Trading Up 1.0 %

OTCMKTS VLPNY opened at $3.69 on Friday. The company has a 50-day moving average price of $4.17 and a 200-day moving average price of $4.81. Voestalpine has a 52 week low of $3.65 and a 52 week high of $6.20. The company has a quick ratio of 0.52, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.

Voestalpine Company Profile

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.