Valens Semiconductor, Ltd. (NYSE:VLN) Short Interest Update

Valens Semiconductor, Ltd. (NYSE:VLN) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 749,356 shares, a growth of 76.8% from the February 26th total of 423,938 shares. Currently, 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 623,466 shares, the days-to-cover ratio is currently 1.2 days.

Valens Semiconductor Trading Down 2.8%

Shares of Valens Semiconductor stock opened at $1.23 on Friday. Valens Semiconductor has a twelve month low of $1.18 and a twelve month high of $3.34. The stock has a market capitalization of $126.24 million, a P/E ratio of -3.95 and a beta of 0.28. The business’s fifty day moving average price is $1.54 and its 200 day moving average price is $1.65.

Valens Semiconductor (NYSE:VLN) last announced its quarterly earnings results on Wednesday, February 25th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The firm had revenue of $19.40 million for the quarter, compared to analyst estimates of $18.78 million. Valens Semiconductor had a negative return on equity of 27.00% and a negative net margin of 44.72%. As a group, sell-side analysts predict that Valens Semiconductor will post -0.33 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VLN. Wall Street Zen lowered shares of Valens Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Weiss Ratings restated a “sell (e+)” rating on shares of Valens Semiconductor in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $3.00.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VLN. Engineers Gate Manager LP acquired a new position in Valens Semiconductor during the fourth quarter valued at approximately $27,000. HRT Financial LP purchased a new position in shares of Valens Semiconductor in the 4th quarter valued at $53,000. XTX Topco Ltd raised its stake in shares of Valens Semiconductor by 56.8% in the 4th quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock valued at $65,000 after acquiring an additional 16,557 shares during the period. Man Group plc acquired a new position in shares of Valens Semiconductor during the 4th quarter valued at $78,000. Finally, Graham Capital Management L.P. lifted its holdings in shares of Valens Semiconductor by 48.6% during the 4th quarter. Graham Capital Management L.P. now owns 98,084 shares of the company’s stock valued at $139,000 after acquiring an additional 32,081 shares in the last quarter. Hedge funds and other institutional investors own 33.90% of the company’s stock.

Valens Semiconductor Company Profile

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.