Valeo SE (OTCMKTS:VLEEY) Short Interest Up 105.2% in May

Valeo SE (OTCMKTS:VLEEYGet Rating) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 74,900 shares, an increase of 105.2% from the April 30th total of 36,500 shares. Based on an average daily volume of 202,700 shares, the short-interest ratio is presently 0.4 days.

A number of equities analysts recently issued reports on VLEEY shares. Barclays decreased their price target on shares of Valeo from €35.00 ($37.23) to €25.00 ($26.60) and set an “overweight” rating for the company in a research note on Tuesday, April 12th. Zacks Investment Research raised Valeo from a “sell” rating to a “hold” rating in a research note on Tuesday, May 10th. Morgan Stanley lowered their price objective on Valeo from €23.00 ($24.47) to €22.00 ($23.40) in a research report on Friday, April 29th. Societe Generale lowered their price target on shares of Valeo from €23.00 ($24.47) to €19.00 ($20.21) in a research report on Thursday, April 28th. Finally, Berenberg Bank dropped their price objective on shares of Valeo from €25.00 ($26.60) to €23.00 ($24.47) and set a “buy” rating on the stock in a research note on Friday, April 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Valeo has a consensus rating of “Buy” and a consensus price target of $22.57.

Shares of VLEEY opened at $10.74 on Friday. Valeo has a twelve month low of $7.56 and a twelve month high of $17.53. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.89 and a quick ratio of 0.65. The firm has a 50 day moving average of $9.27 and a 200 day moving average of $12.29.

About Valeo (Get Rating)

Valeo SE designs, produces, and sells components, systems, and services for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.

Further Reading

Receive News & Ratings for Valeo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valeo and related companies with MarketBeat.com's FREE daily email newsletter.