Varta AG (OTCMKTS:VARTY) Short Interest Up 500.0% in March

Varta AG (OTCMKTS:VARTY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a growth of 500.0% from the February 29th total of 200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 6.0 days.

Varta Price Performance

OTCMKTS VARTY remained flat at C$1.65 on Friday. Varta has a twelve month low of C$1.56 and a twelve month high of C$2.97. The stock has a fifty day moving average price of C$1.77 and a 200-day moving average price of C$2.00.

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.