Pfeiffer Vacuum Technology AG (OTCMKTS:PFFVF) Sees Significant Decline in Short Interest

Pfeiffer Vacuum Technology AG (OTCMKTS:PFFVF) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 959 shares, a drop of 57.2% from the September 30th total of 2,242 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is currently 479.5 days.

Pfeiffer Vacuum Technology Price Performance

Pfeiffer Vacuum Technology stock opened at $183.32 on Friday. The firm’s 50 day simple moving average is $188.66 and its 200 day simple moving average is $189.83. Pfeiffer Vacuum Technology has a 1-year low of $179.51 and a 1-year high of $200.25.

About Pfeiffer Vacuum Technology

Pfeiffer Vacuum Technology AG is a Germany-based manufacturer of vacuum technology and equipment. Founded in 1890 and headquartered in Asslar, Germany, the company develops, produces and markets solutions used to generate, measure, control and analyze vacuum conditions across industrial and scientific applications.

Its product portfolio includes vacuum pumps, turbopumps, backing pumps, vacuum chambers, valves, gauges, mass spectrometers and leak-detection equipment. Pfeiffer Vacuum also provides vacuum systems, engineering support, maintenance, repairs and other services designed to help customers install and operate vacuum equipment.

The company serves industries including semiconductor manufacturing, thin-film coating, analytical instrumentation, research, pharmaceuticals, chemicals, food processing and other industrial markets.