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

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

Varta Stock Performance

OTCMKTS:VARGF opened at $20.20 on Wednesday. Varta has a fifty-two week low of $20.20 and a fifty-two week high of $20.20. The stock has a fifty day moving average price of $20.20 and a 200-day moving average price 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.