Varta AG (OTCMKTS:VARGF) Sees Large Drop in Short Interest

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

Varta Price Performance

Varta stock opened at $20.20 on Wednesday. The company’s 50-day moving average price is $20.20 and its two-hundred day moving average price is $20.20. Varta has a twelve month low of $20.20 and a twelve month high of $20.20.

Varta Company Profile

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.