Valeo S.A. (OTCMKTS:VLEEY) Short Interest Up 28.8% in March

Key Points

• Short interest up 28.8% to 2,198 shares as of March 31 (from 1,706 on March 15), with a short-interest ratio of 0.2 days based on average daily volume of 12,439 and shorts representing roughly 0.0% of shares.
• Wall Street consensus is an average "Hold" — one Strong Buy, one Buy and five Hold — with Morgan Stanley at "Overweight" and Deutsche Bank at "Hold".
• Valeo's ADR opened at $6.57, trading near its 50- and 200-day SMAs of $6.65, with a 52-week range of $4.23–$8.02 and balance-sheet metrics showing a quick ratio of 0.66, current ratio of 0.86 and debt/equity of 1.33.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 2,198 shares, an increase of 28.8% from the March 15th total of 1,706 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,439 shares, the short-interest ratio is presently 0.2 days.

Valeo Stock Up 0.6%

Shares of Valeo stock opened at $6.57 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. The business's 50 day simple moving average is $6.65 and its two-hundred day simple moving average is $6.65. Valeo has a one year low of $4.23 and a one year high of $8.02.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Valeo in a report on Thursday, January 15th. Morgan Stanley reaffirmed an "overweight" rating on shares of Valeo in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold".

About Valeo

Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo's mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.

The company operates across four main business segments.

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