Short Interest in Voestalpine AG (OTCMKTS:VLPNY) Decreases By 33.3%

Voestalpine AG (OTCMKTS:VLPNY) saw a large decline in short interest in August. As of August 31st, there was short interest totalling 200 shares, a decline of 33.3% from the August 15th total of 300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2.0 days.

Voestalpine Stock Performance

VLPNY opened at $4.46 on Friday. The company has a quick ratio of 0.52, a current ratio of 1.37 and a debt-to-equity ratio of 0.19. The firm’s 50-day simple moving average is $4.92 and its 200-day simple moving average is $5.28. Voestalpine has a twelve month low of $4.33 and a twelve month high of $6.20.

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

Voestalpine Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Friday, July 12th were given a $0.0955 dividend. The ex-dividend date was Friday, July 12th.

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.