Short Interest in Vallourec S.A. (OTCMKTS:VLOWY) Decreases By 67.9%

Vallourec S.A. (OTCMKTS:VLOWY) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 900 shares, a decline of 67.9% from the December 31st total of 2,800 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is presently 0.1 days.

Vallourec Stock Performance

Shares of VLOWY traded down $0.10 during mid-day trading on Tuesday, reaching $3.80. The company’s stock had a trading volume of 1,975 shares, compared to its average volume of 3,610. The company has a current ratio of 1.79, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. Vallourec has a 1-year low of $2.80 and a 1-year high of $4.15. The business has a 50-day simple moving average of $3.60 and a two-hundred day simple moving average of $3.29. The stock has a market cap of $4.45 billion, a P/E ratio of 10.86 and a beta of 1.61.

Vallourec Company Profile

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.