Vallourec S.A. (OTCMKTS:VLOUF) Short Interest Down 92.1% in May

Vallourec S.A. (OTCMKTS:VLOUFGet Free Report) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 3,605 shares, a decline of 92.1% from the May 14th total of 45,645 shares. Based on an average daily trading volume, of 74 shares, the short-interest ratio is currently 48.7 days.

Vallourec Price Performance

Shares of VLOUF stock remained flat at $27.84 during trading hours on Tuesday. Vallourec has a 1 year low of $16.88 and a 1 year high of $31.81. The firm has a 50-day moving average price of $27.81 and a 200 day moving average price of $22.84.

About Vallourec

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Vallourec is a global manufacturer of seamless steel tubing solutions, headquartered in France. The company specializes in the design, production and distribution of high–performance tubular products, catering primarily to the oil and gas, power generation, chemical, petrochemical, automotive and construction industries. Its product portfolio encompasses oil country tubular goods (OCTG), line pipes, mechanical tubing and premium connections developed to withstand the most demanding environments and applications.

Serving both upstream and downstream markets, Vallourec offers integrated services that range from project engineering and metallurgical expertise to on-site technical support.

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