Short Interest in Vossloh AG (OTCMKTS:VOSSF) Drops By 41.2%

Vossloh AG (OTCMKTS:VOSSF) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 13,790 shares, a decline of 41.2% from the June 30th total of 23,456 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group assumed coverage on shares of Vossloh in a report on Thursday, April 23rd. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Vossloh currently has a consensus rating of “Hold”.

Vossloh Price Performance

VOSSF opened at $68.11 on Friday. Vossloh has a 1 year low of $66.16 and a 1 year high of $95.62. The firm has a 50 day moving average price of $72.85 and a 200 day moving average price of $82.55.

Vossloh Company Profile

Vossloh AG is a Germany-based provider of rail infrastructure products and services, serving the global rail industry. The company specializes in the development, manufacturing and distribution of rail fastening systems and turnouts, designed to ensure safe and reliable track operation. In addition to core fastening solutions, Vossloh offers rail maintenance equipment, including grinding and milling machinery, along with lightweight diesel locomotives and components for urban transport networks.

Founded in 1883 as an ironworks in Werdohl, North Rhine-Westphalia, Vossloh has grown through strategic acquisitions and technological innovation.