Vallourec S.A. (OTCMKTS:VLOUF) Short Interest Down 23.4% in March

Vallourec S.A. (OTCMKTS:VLOUF) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 22,900 shares, a drop of 23.4% from the February 28th total of 29,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Vallourec Trading Down 5.1 %

Shares of OTCMKTS:VLOUF opened at $18.52 on Wednesday. The company has a 50 day moving average of $19.00 and a 200-day moving average of $17.34. Vallourec has a one year low of $14.04 and a one year high of $20.08.

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.