Valeo SE (OTCMKTS:VLEEY) Short Interest Down 64.1% in May

Valeo SE (OTCMKTS:VLEEY - Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 2,300 shares, a drop of 64.1% from the April 30th total of 6,400 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on VLEEY shares. Berenberg Bank raised Valeo to a "strong-buy" rating in a research report on Thursday, May 1st. Dbs Bank downgraded Valeo to a "hold" rating in a report on Wednesday, May 7th. Finally, BNP Paribas upgraded shares of Valeo to a "hold" rating in a research note on Thursday, March 13th.

Valeo Price Performance

OTCMKTS:VLEEY traded down $0.05 during midday trading on Friday, hitting $5.22. 4,035 shares of the company were exchanged, compared to its average volume of 14,127. Valeo has a fifty-two week low of $3.75 and a fifty-two week high of $6.35. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.84 and a quick ratio of 0.65. The company has a fifty day simple moving average of $4.80 and a 200 day simple moving average of $4.95.

Valeo Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Monday, May 26th will be issued a dividend of $0.1742 per share. This represents a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, May 23rd.

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.