Short Interest in Valens Semiconductor, Ltd. (NYSE:VLN) Increases By 76.8%

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 749,356 shares, a growth of 76.8% from the February 26th total of 423,938 shares. Based on an average daily trading volume, of 623,466 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.8% of the shares of the company are sold short.

Valens Semiconductor Stock Down 2.9%

NYSE VLN traded down $0.04 during trading on Friday, hitting $1.19. The company’s stock had a trading volume of 507,120 shares, compared to its average volume of 626,399. Valens Semiconductor has a 52 week low of $1.16 and a 52 week high of $3.34. The firm has a market cap of $122.11 million, a P/E ratio of -3.82 and a beta of 0.28. The firm has a 50 day moving average price of $1.52 and a 200 day moving average price of $1.65.

Valens Semiconductor (NYSE:VLNGet Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Valens Semiconductor had a negative net margin of 44.72% and a negative return on equity of 27.00%. The business had revenue of $19.40 million during the quarter, compared to the consensus estimate of $18.78 million. On average, equities analysts expect that Valens Semiconductor will post -0.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on VLN. Wall Street Zen lowered shares of Valens Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Weiss Ratings reissued a “sell (e+)” rating on shares of Valens Semiconductor in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.00.

Get Our Latest Stock Report on Valens Semiconductor

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VLN. XTX Topco Ltd lifted its stake in shares of Valens Semiconductor by 56.8% in the fourth quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock valued at $65,000 after buying an additional 16,557 shares during the period. Engineers Gate Manager LP bought a new position in Valens Semiconductor during the fourth quarter valued at about $27,000. Two Sigma Investments LP increased its stake in Valens Semiconductor by 6.5% during the third quarter. Two Sigma Investments LP now owns 359,194 shares of the company’s stock valued at $643,000 after acquiring an additional 21,834 shares during the period. IGP Investments G.P.L.P LP raised its holdings in Valens Semiconductor by 0.9% in the 3rd quarter. IGP Investments G.P.L.P LP now owns 3,489,790 shares of the company’s stock valued at $6,247,000 after acquiring an additional 29,790 shares in the last quarter. Finally, Graham Capital Management L.P. lifted its position in shares of Valens Semiconductor by 48.6% in the 4th quarter. Graham Capital Management L.P. now owns 98,084 shares of the company’s stock worth $139,000 after acquiring an additional 32,081 shares during the period. Institutional investors own 33.90% of the company’s stock.

About Valens Semiconductor

(Get Free Report)

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.

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