Short Interest in Vallourec S.A. (OTCMKTS:VLOUF) Increases By 156.6%

Vallourec S.A. (OTCMKTS:VLOUF) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 58,500 shares, an increase of 156.6% from the November 15th total of 22,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 585.0 days.

Vallourec Price Performance

Shares of OTCMKTS VLOUF opened at $17.60 on Friday. The company has a 50 day simple moving average of $16.30 and a two-hundred day simple moving average of $16.02. Vallourec has a fifty-two week low of $13.96 and a fifty-two week high of $19.63.

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.