Short Interest in Vallourec S.A. (OTCMKTS:VLOUF) Drops By 62.0%

Vallourec S.A. (OTCMKTS:VLOUF) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 22,800 shares, a decrease of 62.0% from the October 31st total of 60,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 228.0 days.

Vallourec Stock Performance

Shares of OTCMKTS VLOUF remained flat at $17.73 on Wednesday. The business has a fifty day moving average price of $15.74 and a two-hundred day moving average price of $16.01. Vallourec has a 12-month low of $13.96 and a 12-month 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.