Short Interest in Valeo S.A. (OTCMKTS:VLEEY) Increases By 155.5%

Valeo S.A. (OTCMKTS:VLEEY) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 935 shares, an increase of 155.5% from the December 31st total of 366 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,882 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 2,882 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on VLEEY shares. Morgan Stanley restated an “overweight” rating on shares of Valeo in a research note on Thursday, January 8th. Citigroup reissued a “neutral” rating on shares of Valeo in a report on Monday, October 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Valeo in a research note on Thursday, January 15th. Sanford C. Bernstein cut shares of Valeo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Valeo in a research note on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Valeo Stock Performance

VLEEY stock opened at $7.26 on Thursday. Valeo has a 1-year low of $3.75 and a 1-year high of $7.55. The firm has a fifty day moving average price of $6.73 and a two-hundred day moving average price of $6.37. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.23.

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.