Short Interest in Valeo SE (OTCMKTS:VLEEY) Drops By 96.8%

Valeo SE (OTCMKTS:VLEEY - Get Free Report) was the recipient of a large drop in short interest in 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. Based on an average trading volume of 18,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Valeo Stock Performance

Valeo stock traded down $0.18 during trading hours on Friday, reaching $4.81. 3,410 shares of the stock were exchanged, compared to its average volume of 15,073. 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 twelve month low of $3.92 and a twelve month high of $7.22. The stock has a 50 day moving average of $5.50 and a two-hundred day moving average of $5.12.

Wall Street Analyst Weigh In

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

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.