Valens Semiconductor, Ltd. (NYSE:VLN) Short Interest Up 131.9% in January

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 882,687 shares, a growth of 131.9% from the December 31st total of 380,586 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average trading volume of 7,565,043 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 7,565,043 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.1% of the company’s stock are short sold.

Valens Semiconductor Stock Down 0.3%

Shares of NYSE:VLN traded down $0.01 during midday trading on Thursday, reaching $1.77. The company had a trading volume of 1,142,723 shares, compared to its average volume of 4,635,042. Valens Semiconductor has a 1-year low of $1.37 and a 1-year high of $3.34. The stock has a market cap of $180.68 million, a PE ratio of -6.09 and a beta of 0.25. The business’s 50 day moving average price is $1.69 and its 200 day moving average price is $1.90.

Institutional Investors Weigh In On Valens Semiconductor

Several large investors have recently made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its stake in shares of Valens Semiconductor by 116.4% in the third quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company’s stock valued at $969,000 after buying an additional 291,076 shares in the last quarter. Marshall Wace LLP lifted its stake in Valens Semiconductor by 84.5% in the second quarter. Marshall Wace LLP now owns 520,062 shares of the company’s stock valued at $1,368,000 after acquiring an additional 238,228 shares during the last quarter. Squarepoint Ops LLC bought a new position in shares of Valens Semiconductor in the 3rd quarter valued at about $421,000. ARK Investment Management LLC grew its position in shares of Valens Semiconductor by 23.4% in the 2nd quarter. ARK Investment Management LLC now owns 700,342 shares of the company’s stock valued at $1,842,000 after acquiring an additional 132,589 shares during the period. Finally, Creative Planning acquired a new position in shares of Valens Semiconductor during the 2nd quarter worth about $213,000. Institutional investors and hedge funds own 33.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VLN. Weiss Ratings reiterated a “sell (e+)” rating on shares of Valens Semiconductor in a report on Monday, December 29th. Needham & Company LLC decreased their price objective on Valens Semiconductor from $4.00 to $3.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Finally, Wall Street Zen lowered Valens Semiconductor from a “hold” rating to a “sell” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Valens Semiconductor currently has an average rating of “Hold” and a consensus price target of $3.00.

Read Our Latest Research Report on VLN

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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