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

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

Vallourec Price Performance

Shares of Vallourec stock remained flat at $3.80 on Wednesday. 33 shares of the company’s stock traded hands, compared to its average volume of 3,610. Vallourec has a 52 week low of $2.80 and a 52 week high of $4.15. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32. The company has a market cap of $4.45 billion, a PE ratio of 10.86 and a beta of 1.61. The firm has a 50 day moving average price of $3.61 and a 200-day moving average price of $3.30.

About Vallourec

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.