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

Valeo S.A. (OTCMKTS:VLEEY) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 129 shares, a drop of 60.7% from the November 30th total of 328 shares. Based on an average daily volume of 2,778 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,778 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several research firms have weighed in on VLEEY. Jefferies Financial Group reissued a “hold” rating on shares of Valeo in a report on Monday, October 27th. Morgan Stanley reissued an “overweight” rating on shares of Valeo in a research note on Friday, October 31st. Citigroup restated a “neutral” rating on shares of Valeo in a report on Monday, October 6th. Finally, Sanford C. Bernstein downgraded shares of Valeo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Valeo Trading Down 2.7%

Shares of VLEEY stock opened at $6.71 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.79 and a quick ratio of 0.61. The firm has a 50-day moving average price of $6.63 and a 200 day moving average price of $6.12. Valeo has a twelve month low of $3.75 and a twelve month high of $7.35.

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.