Short Interest in Vallourec S.A. (OTCMKTS:VLOWY) Declines By 67.9%

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

Vallourec Stock Performance

Shares of OTCMKTS VLOWY remained flat at $3.75 during mid-day trading on Monday. The company’s 50-day moving average price is $3.50 and its two-hundred day moving average price is $3.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.73. The stock has a market cap of $4.33 billion, a P/E ratio of 10.71 and a beta of 1.61. Vallourec has a 1-year low of $2.80 and a 1-year high of $4.15.

About Vallourec

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.