Vallourec S.A. (OTCMKTS:VLOUF) Shares Shorted: Short Interest Down 87.0% in September

Vallourec S.A. (OTCMKTS:VLOUF) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 8,382 shares, a decline of 87.0% from the August 31st total of 64,441 shares. Based on an average daily volume of 35 shares, the days-to-cover ratio is currently 239.5 days.

Vallourec Stock Performance

Shares of VLOUF opened at $21.59 on Friday. The firm has a 50-day moving average price of $21.83 and a 200 day moving average price of $24.59. Vallourec has a 52-week low of $17.70 and a 52-week high of $31.81.

About Vallourec

Vallourec is a France-based manufacturer and supplier of premium tubular solutions for the energy and industrial markets. The company primarily produces seamless steel tubes and related products designed for demanding applications where strength, durability, and resistance to pressure or corrosion are important.

Its products and services support oil and gas exploration and production, including casing, tubing, line pipe, and premium connections. Vallourec also serves industrial applications such as power generation, mechanical engineering, construction, and transportation, and develops tubular solutions for emerging energy markets, including hydrogen and carbon-management projects.

Founded in 1899, Vallourec has developed an international operating footprint serving customers across Europe, North and South America, the Middle East, Asia, and other markets.