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

Voestalpine AG (OTCMKTS:VLPNY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 400 shares, a growth of 300.0% from the March 31st total of 100 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1.3 days.

Voestalpine Price Performance

OTCMKTS VLPNY traded down $0.01 during mid-day trading on Thursday, reaching $5.26. 268 shares of the stock were exchanged, compared to its average volume of 1,184. Voestalpine has a one year low of $4.71 and a one year high of $7.40. The stock has a 50 day simple moving average of $5.44 and a 200-day simple moving average of $5.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.41 and a quick ratio of 0.50.

Voestalpine (OTCMKTS:VLPNY) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.10 EPS for the quarter. The business had revenue of $4.17 billion during the quarter. Voestalpine had a net margin of 3.58% and a return on equity of 8.39%. On average, analysts anticipate that Voestalpine will post 0.57 earnings per share for the current 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.