Verbio SE (OTCMKTS:VBVBF) Short Interest Up 112.0% in August

Verbio SE (OTCMKTS:VBVBF) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 46,070 shares, a growth of 112.0% from the July 30th total of 21,727 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Verbio Stock Performance

VBVBF stock opened at $36.98 on Monday. Verbio has a twelve month low of $28.45 and a twelve month high of $53.13. The firm’s fifty day simple moving average is $34.21 and its two-hundred day simple moving average is $38.19.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Verbio in a research note on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Verbio

Verbio AG is a Germany-based renewable energy company focused on the production and sale of biofuels and biogas. The company’s core activities include the manufacturing of bioethanol from agricultural feedstocks such as grain and straw, the processing of rapeseed oil into biodiesel, and the upgrading of biogas into biomethane for injection into natural gas networks. In addition to liquid and gaseous fuels, Verbio produces animal feed and pellets, leveraging by-products from its biofuel plants.

Operating a network of production facilities across Germany—including sites in Leipzig, Schwedt, Zörbig, Neubrandenburg and Pinnow—Verbio serves industrial and utility customers throughout Europe.