Valeo S.A. (OTCMKTS:VLEEY) Sees Large Decrease in Short Interest

Valeo S.A. (OTCMKTS:VLEEYGet Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 943 shares, a decline of 51.2% from the May 31st total of 1,932 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 8,600 shares, the days-to-cover ratio is currently 0.1 days.

Valeo Trading Up 0.4%

OTCMKTS:VLEEY opened at $7.14 on Thursday. The business’s 50 day moving average is $7.39 and its two-hundred day moving average is $6.99. The company has a quick ratio of 0.66, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. Valeo has a 52 week low of $5.29 and a 52 week high of $9.93.

About Valeo

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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.

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