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

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

Varta Stock Performance

Shares of Varta stock remained flat at $20.20 on Wednesday. The stock’s 50-day moving average price is $20.20 and its 200 day moving average price is $20.20. Varta has a one year low of $20.20 and a one year 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.