Victrex PLC (OTCMKTS:VTXPF) Sees Significant Increase in Short Interest

Victrex PLC (OTCMKTS:VTXPF) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 52,833 shares, an increase of 105.5% from the August 31st total of 25,711 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Currently, 0.1% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

VTXPF has been the subject of several research reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Victrex in a report on Friday. Citigroup restated a “neutral” rating on shares of Victrex in a research note on Friday, September 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Victrex in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Victrex Stock Performance

Victrex stock opened at $10.95 on Wednesday. Victrex has a 12-month low of $7.74 and a 12-month high of $10.99. The company has a current ratio of 2.35, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. The business’s 50-day moving average price is $10.29 and its two-hundred day moving average price is $9.26.

Victrex Company Profile

Victrex plc is a United Kingdom-based manufacturer of high-performance polymer solutions. The company specializes in polyaryletherketone (PAEK) materials, including polyetheretherketone (PEEK), which are designed to provide resistance to heat, chemicals, wear and friction while offering a lightweight alternative to metals and other engineering materials.

Its product portfolio includes VICTREX PEEK and PAEK polymers, APTIV film, and related compounds, shapes, fibers and composite solutions.