Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Down 67.9% in January

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

Vallourec Price Performance

Shares of OTCMKTS:VLOWY remained flat at $3.80 during midday trading on Wednesday. 33 shares of the company were exchanged, compared to its average volume of 3,610. The stock’s fifty day moving average price is $3.61 and its two-hundred day moving average price is $3.30. Vallourec has a fifty-two week low of $2.80 and a fifty-two week high of $4.15. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of 10.86 and a beta of 1.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.79.

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.