Vicor Corp (NASDAQ:VICR) was the target of a significant growth in short interest in September. As of September 28th, there was short interest totalling 1,296,484 shares, a growth of 52.7% from the September 14th total of 849,249 shares. Based on an average daily trading volume, of 473,824 shares, the days-to-cover ratio is presently 2.7 days. Approximately 7.3% of the shares of the stock are sold short.

Shares of VICR opened at $36.96 on Friday. Vicor has a one year low of $16.30 and a one year high of $64.50. The company has a market cap of $1.84 billion, a P/E ratio of 148.39 and a beta of 1.05.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Tuesday, July 24th. The electronics maker reported $0.19 EPS for the quarter. Vicor had a return on equity of 8.70% and a net margin of 5.25%. The firm had revenue of $74.20 million during the quarter.

Separately, BidaskClub cut Vicor from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 13th.

In other news, Director Estia J. Eichten sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $61.78, for a total value of $494,240.00. Following the completion of the sale, the director now directly owns 319,079 shares in the company, valued at $19,712,700.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Richard J. Nagel, Jr. sold 12,500 shares of the business’s stock in a transaction that occurred on Thursday, July 26th. The shares were sold at an average price of $58.49, for a total value of $731,125.00. Following the completion of the sale, the chief accounting officer now owns 3,500 shares of the company’s stock, valued at $204,715. The disclosure for this sale can be found here. Insiders sold 40,396 shares of company stock valued at $2,426,604 over the last 90 days. Company insiders own 37.40% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of VICR. Piedmont Investment Advisors LLC purchased a new stake in shares of Vicor during the second quarter worth approximately $167,000. Jane Street Group LLC purchased a new stake in shares of Vicor during the second quarter worth approximately $202,000. Thompson Davis & CO. Inc. increased its position in shares of Vicor by 925.0% during the second quarter. Thompson Davis & CO. Inc. now owns 5,125 shares of the electronics maker’s stock worth $223,000 after purchasing an additional 4,625 shares in the last quarter. A.R.T. Advisors LLC purchased a new stake in shares of Vicor during the first quarter worth approximately $227,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Vicor by 1,286.3% during the second quarter. Tower Research Capital LLC TRC now owns 6,072 shares of the electronics maker’s stock worth $264,000 after purchasing an additional 5,634 shares in the last quarter. Hedge funds and other institutional investors own 25.72% of the company’s stock.

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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