Valeo SE (OTCMKTS:VLEEY) Sees Large Increase in Short Interest

Valeo SE (OTCMKTS:VLEEY) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 800 shares, an increase of 100.0% from the March 15th total of 400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,000 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded Valeo to a “hold” rating in a research note on Thursday, March 13th.

Valeo Trading Up 5.7 %

Shares of Valeo stock opened at $4.55 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.13. The firm has a 50-day simple moving average of $5.16 and a two-hundred day simple moving average of $5.02. Valeo has a fifty-two week low of $3.75 and a fifty-two week high of $7.22.

About Valeo

Valeo SE designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.