Short Interest in Valens Semiconductor, Ltd. (NYSE:VLN) Increases By 131.9%

Valens Semiconductor, Ltd. (NYSE:VLN) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 882,687 shares, a growth of 131.9% from the December 31st total of 380,586 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 7,565,043 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 7,565,043 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.1% of the company’s stock are short sold.

Valens Semiconductor Stock Performance

Shares of VLN traded down $0.07 on Friday, hitting $1.70. 1,176,355 shares of the stock traded hands, compared to its average volume of 4,692,693. Valens Semiconductor has a one year low of $1.37 and a one year high of $3.34. The company has a market capitalization of $173.52 million, a PE ratio of -5.84 and a beta of 0.25. The business has a 50 day simple moving average of $1.69 and a 200 day simple moving average of $1.89.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VLN. Wall Street Zen cut shares of Valens Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Valens Semiconductor in a report on Monday, December 29th. Finally, Needham & Company LLC cut their price target on Valens Semiconductor from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $3.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Creative Planning bought a new stake in Valens Semiconductor in the 2nd quarter worth about $213,000. JPMorgan Chase & Co. grew its stake in shares of Valens Semiconductor by 417.3% in the second quarter. JPMorgan Chase & Co. now owns 86,081 shares of the company’s stock worth $226,000 after acquiring an additional 69,439 shares during the period. Susquehanna International Group LLP raised its holdings in shares of Valens Semiconductor by 120.7% during the third quarter. Susquehanna International Group LLP now owns 130,413 shares of the company’s stock valued at $233,000 after purchasing an additional 71,332 shares during the last quarter. Squarepoint Ops LLC bought a new position in Valens Semiconductor during the third quarter valued at approximately $421,000. Finally, Two Sigma Investments LP boosted its holdings in Valens Semiconductor by 6.5% in the third quarter. Two Sigma Investments LP now owns 359,194 shares of the company’s stock worth $643,000 after purchasing an additional 21,834 shares during the last quarter. 33.90% of the stock is owned by institutional investors.

About Valens Semiconductor

Valens Semiconductor Corp. is a provider of high-speed connectivity solutions, specializing in semiconductor chipsets that enable the transmission of uncompressed video, audio and data over common cabling such as twisted-pair and coax. The company’s flagship technology, HDBaseT, supports the simultaneous delivery of multiple signal types—including HDMI, USB, Ethernet and power—over a single cable. This multi-service approach addresses the growing demands of both consumer electronics and automotive infotainment systems, where bandwidth, reliability and low latency are critical.

Founded in 2012 and headquartered in Israel, Valens maintains research and development operations across North America, Europe and Asia.