Company shares are trading at $22.25 which is quite a bit above $19.89, the stock’s 50 day moving average and which is significantly above the 200 day moving average of $17.71. The 50 day moving average was up by +11.87% and the 200 day average went up $4.54 or +25.66%. (NYSE:VSH) shares saw light trading volume with 2,106K shares changing hands in the last trading session. Volume was down 0.84% under the stocks average daily volume.
Investors are feeling more bullish on shares of the company of late as implied by the fall in short interest. The firm saw a fall in short interest from September 29, 2017 to October 13, 2017 of -6.02%. Short interest decreased 1,656,295 over that period. The days to cover decreased to 14.0 and the percentage of shorted shares is 0.18% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (VSH). As of quarter end Victory Capital Management Inc had disposed of a total of 244,947 shares trimming its stake by 12.6%. The value in dollars went from $32,297,000 to $31,973,000 decreasing 1.0% quarter to quarter. Sol Capital Management Co divested its position by shedding 1,000 shares a decrease of 4.2%. Sol Capital Management Co now holds 22,925 shares valued at $431,000. The value of the position overall is up by 8.6%.
As of the end of the quarter Deroy & Devereaux Private Investment Counsel Inc had sold 500 shares trimming its holdings by 0.4%. The value of the investment in Vishay Intertechnology, Inc. increased from $2,204,000 to $2,486,000 a change of $282,000 for the reporting period. Aperio Group, LLC grew its ownership by buying 8,520 shares an increase of 17.7% in the quarter. Aperio Group, LLC owns 56,790 shares with a value of $1,068,000. The total value of its holdings increased 33.3%.
The company is now up since yesterday’s close of $22.25. Vishay Intertechnology, Inc. announced a dividend for shareholders paid on Thursday September 28th, 2017. The dividend payment was $0.063 per share for the quarter or $0.25 annualized. The dividend yield was $1.15. The ex-dividend date was Thursday the 14th of September 2017.
Vishay Intertechnology, Inc. currently has a P/E ratio of 42.22 and the market value is 3.25B. In the last earnings report the EPS was $0.53 and is estimated to be $1.41 for the current year with 146,254,000 shares presently outstanding. Next quarter’s EPS is estimated at $0.36 and the next full year EPS is anticipated to be $1.46.
Vishay Intertechnology, Inc., launched on July 3, 1962, is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. The Business’s products are divided into two classes: semiconductors and passive components..Advertisement