Short Interest in PVA TePla AG (OTCMKTS:TPLKF) Expands By 69.4%

PVA TePla AG (OTCMKTS:TPLKF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 61,193 shares, an increase of 69.4% from the July 15th total of 36,114 shares. Based on an average daily trading volume, of 50 shares, the short-interest ratio is currently 1,223.9 days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of PVA TePla in a report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, PVA TePla has an average rating of “Moderate Buy”.

PVA TePla Stock Performance

Shares of OTCMKTS:TPLKF remained flat at $36.98 during trading on Monday. The stock’s 50-day moving average is $45.40 and its two-hundred day moving average is $39.95. PVA TePla has a 12 month low of $24.00 and a 12 month high of $51.00.

About PVA TePla

PVA TePla AG, together with its subsidiaries, develops and produces process in areas of semiconductor, metal, electrical/electronics, and optical sectors worldwide. The company operates through Semiconductor Systems and Industrial Systems segments. The Semiconductor Systems segment provides solutions and systems for the semiconductor industry, including crystal growing systems, metrology systems for quality control, and plasma systems for removing surface contamination on wafers. The Industrial Systems segment offers solutions and systems for the production, finishing, and inspection of innovative materials; surface treatment; and cleaning and inspection, as well as monitoring production processes configured primarily for the needs and requirements of other industrial areas, such as the medical, electrical, or tool industries.