Valeo S.A. (OTCMKTS:VLEEY) Short Interest Up 257.1% in August

Key Points

• Valeo S.A. experienced a significant increase in short interest, rising by 257.1% in August, from 700 shares to 2,500 shares.
• Analyst ratings for Valeo vary, with one analyst giving a Strong Buy rating, two analysts recommending Buy, and three providing a Hold rating, resulting in an average rating of Moderate Buy.
• Valeo's current stock price is $6.01, with a annual trading range between a low of $3.75 and a high of $6.41.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,500 shares, anincreaseof257.1% from the July 31st total of 700 shares. Based on an average daily trading volume, of 10,400 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 10,400 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of equities analysts recently commented on VLEEY shares. Morgan Stanley raised Valeo to an "overweight" rating in a research report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Valeo in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Valeo Trading Up 1.6%

Shares of VLEEY traded up $0.10 during midday trading on Friday, reaching $6.04. 800 shares of the stock were exchanged, compared to its average volume of 3,145. Valeo has a twelve month low of $3.75 and a twelve month high of $6.41. The company has a quick ratio of 0.62, a current ratio of 0.81 and a debt-to-equity ratio of 1.08. The stock's 50 day simple moving average is $5.82 and its 200 day simple moving average is $5.32.

About Valeo

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.