Shorts Action: Verso Corporation (NYSE:VRS) Shorted Shares Increased By 291.06%

November 21, 2016 - By Hazel Jackson   ·   0 Comments

Shorts Action: Verso Corporation (NYSE:VRS) Shorted Shares Increased By 291.06%

The stock of Verso Corporation (NYSE:VRS) registered an increase of 291.06% in short interest. VRS’s total short interest was 218,600 shares in November as published by FINRA. Its up 291.06% from 55,900 shares, reported previously. With 258,700 shares average volume, it will take short sellers 1 days to cover their VRS’s short positions. The short interest to Verso Corporation’s float is 0.7%. The stock closed at $5.36 during the last session. It is down 6.00% since October 22, 2016 and is uptrending. It has outperformed by 2.14% the S&P500.

VRS Company Profile

Verso Corporation, incorporated on June 6, 2006, is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Firm operates through two divisions: paper and pulp. The paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising. The pulp segment includes pulp products, which are used to manufacture printing, writing, and specialty paper grades and tissue products. The Firm produces a range of products, ranging from coated freesheet and coated groundwood to inkjet and digital paper, supercalendered papers and uncoated freesheet. It also produces and sells market kraft pulp, which is used to manufacture printing and writing paper grades, and tissue products.

More notable recent Verso Corporation (NYSE:VRS) news were published by: Prnewswire.com which released: “Verso Corporation Reports Second Quarter 2016 Results” on August 16, 2016, also Prnewswire.com with their article: “Verso Corporation Reports Third Quarter 2016 Results” published on November 14, 2016, Prnewswire.com published: “Verso Corporation Positions Company for Long-Term Success by Initiating …” on January 26, 2016. More interesting news about Verso Corporation (NYSE:VRS) were released by: Prnewswire.com and their article: “Verso Corporation Reports Third Quarter 2015 Results” published on November 16, 2015 as well as Prnewswire.com‘s news article titled: “Verso Corporation Introduces GlazeGuardâ„¢ Family of Lightweight Oil and Grease …” with publication date: June 02, 2016.

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By Hazel Jackson


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