Short Interest in Vicor Corp (VICR) Decreases By 29.7%

Vicor Corp (NASDAQ:VICR) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 1,442,689 shares, a decrease of 29.7% from the February 15th total of 2,050,835 shares. Based on an average trading volume of 300,952 shares, the short-interest ratio is currently 4.8 days. Approximately 8.0% of the shares of the company are short sold.

NASDAQ:VICR opened at $31.12 on Friday. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 39.42 and a beta of 0.50. Vicor has a 1 year low of $24.00 and a 1 year high of $64.50.

Several research firms have issued reports on VICR. TheStreet upgraded Vicor from a “c” rating to a “b-” rating in a research report on Thursday, January 24th. BidaskClub upgraded Vicor from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 22nd. Finally, ValuEngine upgraded Vicor from a “hold” rating to a “buy” rating in a research report on Monday, February 4th.

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. raised its position in shares of Vicor by 2.6% in the third quarter. BlackRock Inc. now owns 2,361,663 shares of the electronics maker’s stock worth $108,636,000 after buying an additional 59,495 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Vicor by 70.8% in the third quarter. Vanguard Group Inc. now owns 1,749,018 shares of the electronics maker’s stock worth $80,455,000 after buying an additional 725,018 shares in the last quarter. Vanguard Group Inc raised its position in shares of Vicor by 70.8% in the third quarter. Vanguard Group Inc now owns 1,749,018 shares of the electronics maker’s stock worth $80,455,000 after buying an additional 725,018 shares in the last quarter. Ashford Capital Management Inc. raised its position in shares of Vicor by 25.3% in the fourth quarter. Ashford Capital Management Inc. now owns 743,800 shares of the electronics maker’s stock worth $28,108,000 after buying an additional 149,970 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Vicor by 10.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 495,575 shares of the electronics maker’s stock worth $18,728,000 after buying an additional 48,853 shares in the last quarter. Institutional investors own 30.72% of the company’s stock.

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About Vicor

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting, regulating, and controlling electric current worldwide. It operates through three segments: Brick Business Unit, VI Chip, and Picor. The company offers modular direct current (DC)-DC converters, open-frame intermediate bus converters, and complementary components; high density zero voltage soft switching DC-DC converters; configurable products; and custom power systems.

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