Short Interest in Valeo S.A. (OTCMKTS:VLEEY) Increases By 346.2%

Valeo S.A. (OTCMKTS:VLEEYGet Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 7,817 shares, a growth of 346.2% from the April 15th total of 1,752 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 27,327 shares, the days-to-cover ratio is presently 0.3 days.

Valeo Stock Performance

VLEEY stock opened at $6.72 on Wednesday. Valeo has a 52 week low of $4.81 and a 52 week high of $8.02. The company has a current ratio of 0.86, a quick ratio of 0.66 and a debt-to-equity ratio of 1.33. The company has a fifty day simple moving average of $6.26 and a two-hundred day simple moving average of $6.72.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Valeo in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Valeo currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Valeo

About Valeo

(Get Free Report)

Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo’s mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.

The company operates across four main business segments.

Further Reading

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