Valeo S.A. (OTCMKTS:VLEEY) Stock Short Interest Report for October

Valeo S.A. (OTCMKTS:VLEEY) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 6,522 shares, an increase of 854.9% from the October 15th total of 683 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,879 shares, the days-to-cover ratio is currently 1.7 days.

Valeo Price Performance

OTCMKTS VLEEY opened at $6.34 on Thursday. Valeo has a 12 month low of $5.62 and a 12 month high of $9.93. The stock’s fifty day moving average price is $7.58 and its 200-day moving average price is $7.36.

Wall Street Analyst Weigh In

VLEEY has been the subject of a number of research analyst reports. Citigroup restated a “neutral” rating on shares of Valeo in a research note on Tuesday, August 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a research note on Thursday, July 16th. Finally, Jefferies Financial Group upgraded Valeo from a “hold” rating to a “buy” rating in a report on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Valeo presently has a consensus rating of “Hold”.

Valeo Company Profile

Valeo is a French automotive technology supplier that develops and manufactures components, systems and services for automakers and the mobility market. Its products support vehicle electrification, powertrain operation, thermal management, visibility, lighting, and driver assistance. The company’s offerings include electric-vehicle systems, sensors and software for advanced driver-assistance features, lighting equipment, windshield wiper systems, and heating and cooling solutions. Valeo also supplies replacement parts and services to the automotive aftermarket.