Vallourec S.A. (OTCMKTS:VLOUF – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 3,605 shares, a decline of 92.1% from the May 14th total of 45,645 shares. Based on an average daily trading volume, of 74 shares, the days-to-cover ratio is presently 48.7 days.
Vallourec Stock Performance
Shares of OTCMKTS:VLOUF remained flat at $27.84 during trading on Wednesday. The business’s fifty day simple moving average is $27.90 and its two-hundred day simple moving average is $22.90. Vallourec has a twelve month low of $16.88 and a twelve month high of $31.81.
Vallourec Company Profile
Vallourec is a global manufacturer of seamless steel tubing solutions, headquartered in France. The company specializes in the design, production and distribution of high–performance tubular products, catering primarily to the oil and gas, power generation, chemical, petrochemical, automotive and construction industries. Its product portfolio encompasses oil country tubular goods (OCTG), line pipes, mechanical tubing and premium connections developed to withstand the most demanding environments and applications.
Serving both upstream and downstream markets, Vallourec offers integrated services that range from project engineering and metallurgical expertise to on-site technical support.
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