Valens Semiconductor, Ltd. (NYSE:VLN) Short Interest Down 19.7% in January

Valens Semiconductor, Ltd. (NYSE:VLN) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 708,980 shares, a decline of 19.7% from the January 15th total of 882,687 shares. Currently, 1.7% of the company’s shares are short sold. Based on an average daily volume of 1,938,177 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 1,938,177 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.7% of the company’s shares are short sold.

Valens Semiconductor Trading Up 1.0%

Valens Semiconductor stock opened at $1.52 on Friday. The firm’s fifty day moving average price is $1.68 and its two-hundred day moving average price is $1.80. The firm has a market capitalization of $155.08 million, a price-to-earnings ratio of -5.22 and a beta of 0.26. Valens Semiconductor has a 1-year low of $1.37 and a 1-year high of $3.34.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. HRT Financial LP purchased a new stake in Valens Semiconductor in the 4th quarter valued at $53,000. Creative Planning purchased a new stake in shares of Valens Semiconductor in the second quarter valued at about $213,000. JPMorgan Chase & Co. lifted its position in shares of Valens Semiconductor by 417.3% during the second quarter. JPMorgan Chase & Co. now owns 86,081 shares of the company’s stock valued at $226,000 after purchasing an additional 69,439 shares in the last quarter. Susquehanna International Group LLP boosted its holdings in Valens Semiconductor by 120.7% during the third quarter. Susquehanna International Group LLP now owns 130,413 shares of the company’s stock worth $233,000 after purchasing an additional 71,332 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new stake in Valens Semiconductor in the 3rd quarter worth about $421,000. Hedge funds and other institutional investors own 33.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on VLN. Weiss Ratings reissued a “sell (e+)” rating on shares of Valens Semiconductor in a research note on Monday, December 29th. Needham & Company LLC dropped their target price on shares of Valens Semiconductor from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Finally, Wall Street Zen upgraded shares of Valens Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $3.00.

About Valens Semiconductor

Valens Semiconductor Corp. is a provider of high-speed connectivity solutions, specializing in semiconductor chipsets that enable the transmission of uncompressed video, audio and data over common cabling such as twisted-pair and coax. The company’s flagship technology, HDBaseT, supports the simultaneous delivery of multiple signal types—including HDMI, USB, Ethernet and power—over a single cable. This multi-service approach addresses the growing demands of both consumer electronics and automotive infotainment systems, where bandwidth, reliability and low latency are critical.

Founded in 2012 and headquartered in Israel, Valens maintains research and development operations across North America, Europe and Asia.