Vallourec SA (OTCMKTS:VLOWY) Short Interest Up 177.8% in June

Vallourec SA (OTCMKTS:VLOWY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 14,289 shares, a growth of 177.8% from the May 31st total of 5,143 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 102,604 shares, the days-to-cover ratio is presently 0.1 days.

Vallourec Trading Down 1.6%

Shares of Vallourec stock opened at $4.80 on Friday. The company’s 50-day moving average price is $5.70 and its 200-day moving average price is $4.86. The company has a current ratio of 2.43, a quick ratio of 1.58 and a debt-to-equity ratio of 0.34. Vallourec has a 12-month low of $3.44 and a 12-month high of $6.65. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 14.55 and a beta of 0.41.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings data on Wednesday, May 13th. The energy company reported $0.08 EPS for the quarter. The company had revenue of $1.14 billion during the quarter. Vallourec had a net margin of 9.45% and a return on equity of 15.40%.

Vallourec Company Profile

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.