Vallourec S.A. (OTCMKTS:VLOUF) Sees Large Increase in Short Interest

Vallourec S.A. (OTCMKTS:VLOUFGet Rating) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 89,700 shares, an increase of 68.6% from the August 15th total of 53,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Vallourec Price Performance

Shares of VLOUF stock opened at $9.97 on Thursday. Vallourec has a fifty-two week low of $7.46 and a fifty-two week high of $15.10. The firm’s 50 day moving average price is $9.60 and its two-hundred day moving average price is $11.37.

About Vallourec

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Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, and internationally. It operates through Seamless Tubes and Specialty Products segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; casings; tubings; VAM connections; rigid subsea line pipes, onshore rigid line pipes, and specialized tubes for transportation of oil and gas; and carbon steel and steel alloy tubes, hollow bars, and connections for the processing of industrial fluids, and oil and gas.

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