Valeo S.A. (OTCMKTS:VLEEY) Short Interest Update

Key Points

• Short interest in Valeo S.A. increased by 600.0% in July, reaching a total of 700 shares, though it still represents only 0.0% of the company's shares short sold.
• Valeo's stock is currently trading at $6.01, down 0.3%, with a fifty-two week range of $3.75 to $6.21.
• The company cut its dividend to $0.1742 per share, resulting in a yield of 335.0% for shareholders of record.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 700 shares, anincreaseof600.0% from the July 15th total of 100 shares. Based on an average trading volume of 26,500 shares, the short-interest ratio is currently 0.0 days. Currently,0.0% of the shares of the stock are short sold. Currently,0.0% of the shares of the stock are short sold. Based on an average trading volume of 26,500 shares, the short-interest ratio is currently 0.0 days.

Valeo Stock Up 1.2%

VLEEY stock traded up $0.07 during mid-day trading on Friday, reaching $6.06. The company's stock had a trading volume of 319 shares, compared to its average volume of 10,512. The business's 50 day moving average price is $5.57 and its 200 day moving average price is $5.27. The company has a current ratio of 0.81, a quick ratio of 0.62 and a debt-to-equity ratio of 1.08. Valeo has a 12 month low of $3.75 and a 12 month high of $6.21.

Valeo Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were paid a $0.1742 dividend. This represents a yield of 335.0%. The ex-dividend date of this dividend was Friday, May 23rd.

Analysts Set New Price Targets

VLEEY has been the topic of a number of recent research reports. Morgan Stanley raised Valeo to an "overweight" rating in a research note on Thursday, June 26th. Dbs Bank cut Valeo to a "hold" rating in a report on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Valeo in a report on Friday, July 25th. Finally, Berenberg Bank upgraded Valeo to a "strong-buy" rating in a research report on Thursday, May 1st. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

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.