VALLOUREC S.A. ORD ORDINARY SHARES (OTCMKTS:VLOUF) Sellers Reduced Their Shorts By 23.67% As Of May 3, 2018

May 3, 2018 - By Jeanette Garcia

Vallourec SA (OTCMKTS:VLOUF) Corporate Logo

VALLOUREC S.A. ORD ORDINARY SHARES (OTCMKTS:VLOUF) had a decrease of its shorted shares by 23.67%. FINRA issued in May VLOUF’s total 2.02 million shorted shares. The 2.64 million previous shares are down with 23.67%. Previous VLOUF’s position will need 20156 days to recover. It has 100 average volume. VALLOUREC S.A. ORD ORDINARY SHARES float short is 0.75%.

Lastly it traded at $6.5.Since May 3, 2017 it’s 0.00% down thus . VLOUF underperformed by 11.55% the S&P500.

Vallourec SA, through its subsidiaries, provides tubular solutions primarily for the energy markets and other industrial applications in the European Union, North America, South America, Asia, the Middle East, and internationally.The firm is valued at $2.75 billion. It operates through Seamless Tubes and Specialty Products divisions.Currently it has negative earnings. The firm produces hot-rolled seamless carbon and alloy steel tubes for the gas and oil, power generation, chemical and petrochemical, and automotive and mechanical engineering industries, as well as produces stainless steel and titanium tubes.

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