Valeo S.A. (OTCMKTS:VLEEY) Sees Significant Increase in Short Interest

Valeo S.A. (OTCMKTS:VLEEY) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 1,875 shares, a growth of 22.1% from the January 29th total of 1,536 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 5,560 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 5,560 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VLEEY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Valeo in a report on Thursday, January 15th. Sanford C. Bernstein cut shares of Valeo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, Morgan Stanley restated an “overweight” rating on shares of Valeo in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Valeo currently has an average rating of “Hold”.

Valeo Stock Performance

Shares of OTCMKTS VLEEY opened at $6.82 on Wednesday. The business’s 50 day moving average price is $7.22 and its two-hundred day moving average price is $6.67. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.79 and a quick ratio of 0.61. Valeo has a twelve month low of $3.75 and a twelve month high of $8.02.

Valeo Company Profile

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.