Short Interest in Valeo SE (OTCMKTS:VLEEY) Decreases By 96.8%

Valeo SE (OTCMKTS:VLEEY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a drop of 96.8% from the February 28th total of 12,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 18,300 shares, the days-to-cover ratio is presently 0.0 days.

Valeo Price Performance

Shares of VLEEY traded down $0.23 during mid-day trading on Wednesday, hitting $5.31. The company’s stock had a trading volume of 5,133 shares, compared to its average volume of 15,453. The stock’s 50-day moving average is $5.51 and its two-hundred day moving average is $5.11. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.13. Valeo has a one year low of $3.92 and a one year high of $7.22.

Analyst Upgrades and Downgrades

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

Valeo Company Profile

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.