Valens Semiconductor, Ltd. (NYSE:VLN) Short Interest Update

Key Points

• Short interest plunged 65.9% to 255,679 shares as of March 31, equal to 0.6% of the float and a short-interest ratio of 0.5 days, signaling very low short exposure relative to trading volume.
• Valens trades near $1.34 with a $137.6M market cap, reported Q4 EPS of -$0.04 (miss) on $19.4M revenue and retains negative margins and ROE; analysts' average rating is "Hold" with a $3.00 target while institutional ownership is about 33.9% and several funds notably increased stakes.

Valens Semiconductor, Ltd. (NYSE:VLN - Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 255,679 shares, a decline of 65.9% from the March 15th total of 749,356 shares. Currently, 0.6% of the company's shares are short sold. Based on an average daily volume of 547,255 shares, the short-interest ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

VLN has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Valens Semiconductor from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Valens Semiconductor in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $3.00.

Valens Semiconductor Stock Down 0.4%

VLN stock opened at $1.34 on Friday. The firm has a market cap of $137.57 million, a price-to-earnings ratio of -4.31 and a beta of 0.39. Valens Semiconductor has a 12-month low of $1.10 and a 12-month high of $3.34. The company's fifty day simple moving average is $1.39 and its 200 day simple moving average is $1.60.

Valens Semiconductor (NYSE:VLN - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The firm had revenue of $19.40 million during the quarter, compared to analyst estimates of $18.78 million. Valens Semiconductor had a negative net margin of 44.72% and a negative return on equity of 27.00%. Research analysts expect that Valens Semiconductor will post -0.33 earnings per share for the current year.

Hedge Funds Weigh In On Valens Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of VLN. Value Base Ltd. lifted its holdings in Valens Semiconductor by 3.9% in the fourth quarter. Value Base Ltd. now owns 21,473,311 shares of the company's stock valued at $30,492,000 after buying an additional 812,482 shares during the period. Marshall Wace LLP lifted its holdings in Valens Semiconductor by 56.4% in the fourth quarter. Marshall Wace LLP now owns 1,790,020 shares of the company's stock valued at $2,542,000 after buying an additional 645,782 shares during the period. ARK Investment Management LLC lifted its holdings in Valens Semiconductor by 68.3% in the fourth quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company's stock valued at $1,654,000 after buying an additional 472,876 shares during the period. Millennium Management LLC lifted its holdings in Valens Semiconductor by 373.5% in the fourth quarter. Millennium Management LLC now owns 461,404 shares of the company's stock valued at $655,000 after buying an additional 363,951 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in Valens Semiconductor by 116.4% in the third quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company's stock valued at $969,000 after buying an additional 291,076 shares during the period. Institutional investors and hedge funds own 33.90% of the company's stock.

Valens Semiconductor Company Profile

Valens Semiconductor Corp. is a provider of high-speed connectivity solutions, specializing in semiconductor chipsets that enable the transmission of uncompressed video, audio and data over common cabling such as twisted-pair and coax. The company's flagship technology, HDBaseT, supports the simultaneous delivery of multiple signal types—including HDMI, USB, Ethernet and power—over a single cable. This multi-service approach addresses the growing demands of both consumer electronics and automotive infotainment systems, where bandwidth, reliability and low latency are critical.

Founded in 2012 and headquartered in Israel, Valens maintains research and development operations across North America, Europe and Asia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.