Vallourec S.A. (OTCMKTS:VLOUF – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 6,757 shares, a growth of 87.4% from the May 31st total of 3,605 shares. Based on an average daily trading volume, of 29 shares, the days-to-cover ratio is presently 233.0 days.
Vallourec Stock Performance
Shares of VLOUF stock opened at $24.23 on Wednesday. The stock has a 50 day moving average of $28.12 and a 200 day moving average of $23.74. Vallourec has a twelve month low of $16.88 and a twelve month high of $31.81.
Vallourec Company Profile
Vallourec is a global manufacturer of seamless steel tubing solutions, headquartered in France. The company specializes in the design, production and distribution of high–performance tubular products, catering primarily to the oil and gas, power generation, chemical, petrochemical, automotive and construction industries. Its product portfolio encompasses oil country tubular goods (OCTG), line pipes, mechanical tubing and premium connections developed to withstand the most demanding environments and applications.
Serving both upstream and downstream markets, Vallourec offers integrated services that range from project engineering and metallurgical expertise to on-site technical support.
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