Vallourec S.A. (OTCMKTS:VLOUF) Short Interest Up 46.1% in January

Vallourec S.A. (OTCMKTS:VLOUF) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 100,800 shares, an increase of 46.1% from the January 15th total of 69,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,008.0 days.

Vallourec Stock Performance

Shares of Vallourec stock opened at $18.91 on Friday. Vallourec has a 1 year low of $13.98 and a 1 year high of $19.63. The firm’s 50-day moving average is $17.89 and its 200 day moving average is $16.42.

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.