Short Interest in Valeo S.A. (OTCMKTS:VLEEY) Drops By 39.1%

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 1,400 shares, a drop of 39.1% from the May 15th total of 2,300 shares. Based on an average daily volume of 24,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are sold short.

Analyst Ratings Changes

VLEEY has been the subject of several research reports. BNP Paribas raised shares of Valeo to a "hold" rating in a research report on Thursday, March 13th. Berenberg Bank raised shares of Valeo to a "strong-buy" rating in a research note on Thursday, May 1st. Finally, Dbs Bank cut shares of Valeo to a "hold" rating in a report on Wednesday, May 7th.

Valeo Trading Down 0.8%

VLEEY stock traded down $0.04 during mid-day trading on Thursday, reaching $5.21. 10,984 shares of the company traded hands, compared to its average volume of 7,286. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.81 and a quick ratio of 0.62. The firm's 50 day moving average price is $4.97 and its 200 day moving average price is $5.03. Valeo has a fifty-two week low of $3.75 and a fifty-two week high of $6.15.

Valeo Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Monday, May 26th will be issued a $0.1742 dividend. The ex-dividend date is 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.