Short Interest in Vallourec S.A. (OTCMKTS:VLOWY) Increases By 122.2%

Vallourec S.A. (OTCMKTS:VLOWY) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 4,000 shares, an increase of 122.2% from the April 30th total of 1,800 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 40,500 shares, the short-interest ratio is currently 0.1 days.

Vallourec Trading Down 7.5%

Shares of OTCMKTS VLOWY opened at $3.33 on Friday. The firm’s 50 day moving average price is $3.73 and its 200-day moving average price is $3.73. The company has a market cap of $3.90 billion, a PE ratio of 9.51 and a beta of 1.65. Vallourec has a 52-week low of $2.84 and a 52-week high of $4.24. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.79.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings data on Thursday, May 15th. The energy company reported $0.07 earnings per share for the quarter. The company had revenue of $1.04 billion for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. On average, equities research analysts expect that Vallourec will post 0.36 EPS for the current fiscal year.

Vallourec Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 26th. Investors of record on Monday, May 26th will be given a dividend of $0.2546 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 6.36%. Vallourec’s dividend payout ratio (DPR) is 65.79%.

Vallourec Company Profile

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.