V Technology Co., Ltd. (OTCMKTS:VCHYF) Sees Large Decline in Short Interest

V Technology Co., Ltd. (OTCMKTS:VCHYF) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 6,200 shares, a drop of 44.0% from the May 14th total of 11,080 shares. Based on an average daily volume of 22 shares, the days-to-cover ratio is currently 281.8 days.

V Technology Price Performance

VCHYF opened at $37.41 on Monday. The business’s 50-day moving average price is $28.12 and its two-hundred day moving average price is $23.33. V Technology has a 1 year low of $26.45 and a 1 year high of $37.60.

About V Technology

V Technology Co, Ltd. engages in the development, manufacture, sale, and service of equipment for flat panel displays (FPDs) and semiconductors in Japan. It offers manufacturing and inspection equipment for the inspection, repair, and measurement of FPDs. The company also provides photomask equipment; parts and materials for manufacturing FPDs; maintenance services; salvage services; and staffing services. In addition, it offers wafer inspection equipment and probers for MRAM. The company was incorporated in 1997 and is headquartered in Yokohama, Japan.