Valens Semiconductor, Ltd. (NYSE:VLN) Sees Large Decline in Short Interest

Valens Semiconductor, Ltd. (NYSE:VLN) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 255,679 shares, a decline of 65.9% from the March 15th total of 749,356 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 547,255 shares, the short-interest ratio is currently 0.5 days.

Valens Semiconductor Price Performance

Shares of VLN traded up $0.02 during midday trading on Monday, hitting $1.35. The stock had a trading volume of 325,369 shares, compared to its average volume of 512,360. The company has a 50 day simple moving average of $1.38 and a two-hundred day simple moving average of $1.59. Valens Semiconductor has a twelve month low of $1.10 and a twelve month high of $3.34. The firm has a market cap of $138.60 million, a price-to-earnings ratio of -4.34 and a beta of 0.39.

Valens Semiconductor (NYSE:VLN) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Valens Semiconductor had a negative net margin of 44.72% and a negative return on equity of 27.00%. The firm had revenue of $19.40 million during the quarter, compared to analyst estimates of $18.78 million. Analysts forecast that Valens Semiconductor will post -0.33 EPS for the current fiscal year.

Institutional Trading of Valens Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of VLN. XTX Topco Ltd increased its position in shares of Valens Semiconductor by 56.8% in the fourth 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 last quarter. Millennium Management LLC increased its position in shares of Valens Semiconductor by 373.5% in the fourth quarter. Millennium Management LLC now owns 461,404 shares of the company’s stock valued at $655,000 after acquiring an additional 363,951 shares during the last quarter. Man Group plc acquired a new stake in shares of Valens Semiconductor in the fourth quarter valued at about $78,000. Engineers Gate Manager LP acquired a new stake in shares of Valens Semiconductor in the fourth quarter valued at about $27,000. Finally, &PARTNERS acquired a new stake in shares of Valens Semiconductor in the fourth quarter valued at about $218,000. Institutional investors and hedge funds own 33.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Wall Street Zen lowered Valens Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Weiss Ratings reiterated 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $3.00.

About Valens Semiconductor

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.