Varex Imaging Corporation (NASDAQ:VREX) Shorted Shares Increased By 9.45%

June 14, 2018 - By Linda Rogers

The stock of Varex Imaging Corporation (NASDAQ:VREX) registered an increase of 9.45% in short interest. VREX’s total short interest was 2.28M shares in June as published by FINRA. Its up 9.45% from 2.08 million shares, reported previously. With 152,900 shares average volume, it will take short sellers 15 days to cover their VREX’s short positions.

The stock increased 0.58% or $0.22 during the last trading session, reaching $37.84. About 73,134 shares traded. Varex Imaging Corporation (NASDAQ:VREX) has risen 9.32% since June 14, 2017 and is uptrending. It has underperformed by 3.25% the S&P500.

Varex Imaging Corporation designs and makes medical X-ray tubes and image processing solutions. The company has market cap of $1.44 billion. The firm offers X-ray imaging components, such as tubes, digital flat panel detectors, and other image processing solutions, which are key components of X-ray imaging systems. It has a 27.64 P/E ratio. The Company’s components are used in medical imaging, as well as in industrial and security imaging applications.

Another recent and important Varex Imaging Corporation (NASDAQ:VREX) news was published by Nasdaq.com which published an article titled: “Recent Analysis Shows Alexander’s, American National Insurance, VAREX IMAGING, Banner, Instructure, and Heska …” on May 24, 2018.

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