Vallourec S.A. (OTCMKTS:VLOUF) Sees Large Decrease in Short Interest

Vallourec S.A. (OTCMKTS:VLOUF) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 22,900 shares, a drop of 23.4% from the February 28th total of 29,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Vallourec Stock Performance

OTCMKTS:VLOUF opened at $18.52 on Tuesday. Vallourec has a 1 year low of $14.04 and a 1 year high of $20.08. The stock’s fifty day moving average price is $19.01 and its two-hundred day moving average price is $17.31.

Vallourec Company Profile

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.