Voestalpine AG (OTCMKTS:VLPNY) Short Interest Update

Voestalpine AG (OTCMKTS:VLPNY) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decline of 74.5% from the February 28th total of 5,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 1.1 days.

Analysts Set New Price Targets

Separately, BNP Paribas lowered Voestalpine from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 3rd.

Voestalpine Trading Down 2.6 %

Shares of VLPNY stock traded down $0.14 during trading hours on Friday, reaching $5.14. The stock had a trading volume of 1,109 shares, compared to its average volume of 1,466. The company has a quick ratio of 0.43, a current ratio of 1.39 and a debt-to-equity ratio of 0.19. The firm has a 50-day simple moving average of $4.46 and a 200-day simple moving average of $4.18. Voestalpine has a twelve month low of $3.34 and a twelve month high of $5.86.

Voestalpine (OTCMKTS:VLPNY) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share for the quarter. Voestalpine had a negative return on equity of 0.53% and a negative net margin of 0.41%. Sell-side analysts anticipate that Voestalpine will post 0.45 earnings per share for the current fiscal year.

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.