Victrex PLC (OTCMKTS:VTXPF) Shares Shorted: Short Interest Down 55.3% in October

Victrex PLC (OTCMKTS:VTXPF) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 33,366 shares, a decrease of 55.3% from the September 30th total of 74,664 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.0% of the shares of the company are short sold.

Victrex Stock Performance

Shares of VTXPF opened at $10.95 on Friday. Victrex has a 52 week low of $7.74 and a 52 week high of $10.99. The stock’s 50-day moving average price is $10.94 and its 200-day moving average price is $9.65. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.04 and a current ratio of 2.35.

Analyst Ratings Changes

Several equities research analysts have recently commented on VTXPF shares. Jefferies Financial Group reiterated a “hold” rating on shares of Victrex in a research note on Friday, September 25th. Citigroup reissued a “neutral” rating on shares of Victrex in a report on Friday, September 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Victrex in a research report on Thursday, September 10th. Five analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Victrex Company Profile

Victrex plc is a United Kingdom-based specialty materials company that develops, manufactures and markets high-performance polymers. Its primary material is polyether ether ketone (PEEK), a lightweight, strong and chemically resistant polymer used as an alternative to metals and other engineering materials in demanding applications.

The company’s product portfolio includes VICTREX PEEK and other polyaryletherketone (PAEK) polymers, as well as films, pipes, compounds and polymer-based components.