Varta AG (OTCMKTS:VARTY) Sees Large Growth in Short Interest

Varta AG (OTCMKTS:VARTY) was the recipient of a large growth in short interest in 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 daily volume of 200 shares, the short-interest ratio is currently 6.0 days.

Varta Stock Performance

Shares of OTCMKTS:VARTY opened at C$1.65 on Thursday. The firm’s 50 day moving average price is C$1.78 and its 200-day moving average price is C$2.00. Varta has a twelve month low of C$1.56 and a twelve month high of C$2.97.

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.