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

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

Vallourec Stock Up 0.3 %

Shares of OTCMKTS:VLOWY traded up $0.01 during mid-day trading on Tuesday, hitting $3.76. 1,025 shares of the company traded hands, compared to its average volume of 11,881. The firm’s 50 day simple moving average is $3.51 and its 200 day simple moving average is $3.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.73. The firm has a market cap of $4.34 billion, a P/E ratio of 10.74 and a beta of 1.61. Vallourec has a 52-week low of $2.80 and a 52-week high of $4.15.

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.