Vallourec S.A. (OTCMKTS:VLOUF) Short Interest Update

Vallourec S.A. (OTCMKTS:VLOUF) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 22,800 shares, a drop of 62.0% from the October 31st total of 60,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 228.0 days.

Vallourec Price Performance

VLOUF stock remained flat at $17.73 during midday trading on Thursday. Vallourec has a 1-year low of $13.96 and a 1-year high of $19.63. The business’s fifty day simple moving average is $15.79 and its two-hundred day simple moving average is $16.02.

About Vallourec

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.