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

Key Points

• Valeo S.A. experienced a significant drop in short interest, with only 100 shares short sold as of July 15th, down 97.4% from June, indicating low investor pessimism.
• The consensus rating for Valeo stock stands at "Moderate Buy," with one analyst giving it a "strong buy" rating while others maintain a "hold" stance.
• Valeo's stock price reached $5.66 as of the last trading session, with a dividend yield of 3.35% associated with its recent dividend payment of $0.1742 per share.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 100 shares, a decline of 97.4% from the June 30th total of 3,900 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Valeo Price Performance

Valeo stock traded up $0.03 during midday trading on Tuesday, reaching $5.66. The stock had a trading volume of 5,377 shares, compared to its average volume of 12,455. The firm's fifty day simple moving average is $5.41 and its 200-day simple moving average is $5.24. Valeo has a 1-year low of $3.75 and a 1-year high of $6.21. The company has a quick ratio of 0.62, a current ratio of 0.81 and a debt-to-equity ratio of 1.08.

Valeo Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, May 26th were paid a dividend of $0.1742 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 3.35%.

Valeo Company Profile

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.

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