Vallourec S.A. (OTCMKTS:VLOUF) Sees Significant Drop in Short Interest

Vallourec S.A. (OTCMKTS:VLOUF) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 31,800 shares, a drop of 68.5% from the January 31st total of 100,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Vallourec Stock Performance

VLOUF stock opened at $19.50 on Friday. Vallourec has a 52 week low of $14.04 and a 52 week high of $20.08. The company has a fifty day simple moving average of $18.32 and a two-hundred day simple moving average of $16.75.

Vallourec Company Profile

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.