On Monday, V Technology Co., Ltd. (OTCMKTS:VCHYF – Get Free Report) experienced an 8.0% increase in stock price, opening at $18.18. Over the past year, the stock has ranged from a low of $16.83 to a high of $18.18, with a fifty-day simple moving average of $17.24 and a 200-day simple moving average of $19.69.
VCHYF is a Japanese company that specializes in developing, manufacturing, selling, and servicing equipment for flat panel displays (FPDs) and semiconductors. Their product line includes manufacturing and inspection equipment for FPDs, photomask equipment, parts and materials for FPD manufacturing, maintenance services, salvage services, and staffing services.
Despite this positive news about V Technology’s stock performance, it’s important to note that short interest has decreased significantly during May. As of May 31st, there were only 2,400 shares held short by investors, down 20% from the total of 3
