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

Valeo S.A. (OTCMKTS:VLEEY) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,536 shares, an increase of 64.3% from the January 15th total of 935 shares. Based on an average daily volume of 3,334 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,334 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on VLEEY shares. Morgan Stanley restated an “overweight” rating on shares of Valeo in a report on Thursday, January 8th. Sanford C. Bernstein lowered shares of Valeo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Valeo in a research report on Thursday, January 15th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Valeo in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Valeo currently has an average rating of “Hold”.

Valeo Stock Performance

OTCMKTS:VLEEY opened at $7.86 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.23. Valeo has a 52 week low of $3.75 and a 52 week high of $8.02. The firm has a 50-day moving average price of $7.01 and a two-hundred day moving average price of $6.51.

About Valeo

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.