Valeo S.A. (OTCMKTS:VLEEY) Sees Significant Increase in Short Interest

Valeo S.A. (OTCMKTS:VLEEY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 935 shares, an increase of 155.5% from the December 31st total of 366 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,882 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 2,882 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Valeo Stock Down 4.0%

Shares of VLEEY opened at $6.99 on Friday. The company has a 50-day moving average of $6.77 and a two-hundred day moving average of $6.39. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.23. Valeo has a one year low of $3.75 and a one year high of $7.55.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VLEEY. Jefferies Financial Group restated a “hold” rating on shares of Valeo in a report on Monday, October 27th. Morgan Stanley reiterated an “overweight” rating on shares of Valeo in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Valeo in a report on Thursday, January 15th. Citigroup reaffirmed a “neutral” rating on shares of Valeo in a research note on Monday, October 6th. Finally, Sanford C. Bernstein downgraded shares of Valeo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Valeo Company Profile

Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo’s mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.

The company operates across four main business segments.