Vallourec SA (OTCMKTS:VLOWY) Short Interest Down 44.0% in August

Vallourec SA (OTCMKTS:VLOWY) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 12,847 shares, a drop of 44.0% from the July 30th total of 22,960 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 299,350 shares, the days-to-cover ratio is currently 0.0 days.

Vallourec Stock Performance

OTCMKTS VLOWY opened at $4.39 on Tuesday. The company’s 50 day moving average is $4.68 and its 200-day moving average is $5.08. Vallourec has a 12-month low of $3.44 and a 12-month high of $6.65. The company has a quick ratio of 1.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.27. The firm has a market cap of $5.84 billion, a P/E ratio of 13.30 and a beta of 0.50.

Vallourec (OTCMKTS:VLOWY) last released its quarterly earnings data on Thursday, July 30th. The energy company reported $0.04 EPS for the quarter. Vallourec had a net margin of 9.49% and a return on equity of 14.98%. The company had revenue of $1.03 billion during the quarter.

Vallourec Company Profile

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.