Vallourec S.A. (OTCMKTS:VLOUF) Short Interest Up 50.0% in August

by · The Markets Daily

Vallourec S.A. (OTCMKTS:VLOUF – Get Free Report) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 6,600 shares, anincreaseof50.0% from the July 31st total of 4,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Vallourec Price Performance

VLOUF stock opened at $17.11 on Tuesday. The firm has a 50-day simple moving average of $19.10 and a two-hundred day simple moving average of $18.43. Vallourec has a one year low of $14.86 and a one year high of $20.08.

Vallourec Company Profile

(Get Free Report)

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.

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