Valeo SE (OTCMKTS:VLEEY) Short Interest Down 96.8% in March

Valeo SE (OTCMKTS:VLEEY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a drop of 96.8% from the February 28th total of 12,400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 18,300 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, BNP Paribas upgraded Valeo to a “hold” rating in a report on Thursday, March 13th.

Valeo Stock Performance

Shares of OTCMKTS VLEEY traded down $0.32 during midday trading on Friday, reaching $4.99. 5,102 shares of the stock were exchanged, compared to its average volume of 15,274. The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.13. Valeo has a 12 month low of $3.92 and a 12 month high of $7.22. The business has a 50-day simple moving average of $5.51 and a two-hundred day simple moving average of $5.11.

About Valeo

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.