Short Interest in Valeo S.A. (OTCMKTS:VLEEY) Drops By 30.0%

Valeo S.A. (OTCMKTS:VLEEY) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,400 shares, a decrease of 30.0% from the September 30th total of 2,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 3,000 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 3,000 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Several research firms have commented on VLEEY. Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a report on Friday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Valeo in a report on Monday, October 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Valeo in a report on Friday, July 25th. Finally, Citigroup reissued a “neutral” rating on shares of Valeo in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Valeo Stock Up 4.6%

Shares of VLEEY opened at $7.02 on Tuesday. Valeo has a 1 year low of $3.75 and a 1 year high of $7.21. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.79 and a quick ratio of 0.61. The stock has a 50 day simple moving average of $6.21 and a 200-day simple moving average of $5.68.

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.