Vallourec S.A. (OTCMKTS:VLOUF) Short Interest Update

Vallourec S.A. (OTCMKTS:VLOUF) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 8,382 shares, a decrease of 87.0% from the August 31st total of 64,441 shares. Based on an average trading volume of 35 shares, the days-to-cover ratio is currently 239.5 days.

Vallourec Price Performance

OTCMKTS:VLOUF opened at $21.59 on Friday. The business’s fifty day moving average price is $21.83 and its 200 day moving average price is $24.59. Vallourec has a 1-year low of $17.70 and a 1-year high of $31.81.

Vallourec Company Profile

Vallourec is a France-based manufacturer and supplier of premium tubular solutions for the energy and industrial markets. The company primarily produces seamless steel tubes and related products designed for demanding applications where strength, durability, and resistance to pressure or corrosion are important.

Its products and services support oil and gas exploration and production, including casing, tubing, line pipe, and premium connections. Vallourec also serves industrial applications such as power generation, mechanical engineering, construction, and transportation, and develops tubular solutions for emerging energy markets, including hydrogen and carbon-management projects.

Founded in 1899, Vallourec has developed an international operating footprint serving customers across Europe, North and South America, the Middle East, Asia, and other markets.