Valaris Short Interest Drops 13.7% in February

Offshore drilling company sees decrease in shares sold short

Published on Mar. 4, 2026

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Valaris Limited (NYSE:VAL), an offshore drilling company, saw a 13.7% decrease in short interest during the month of February. As of February 13th, 5,691,867 shares were sold short, down from 6,593,107 shares at the end of January. This represents approximately 8.2% of the company's total shares outstanding.

Why it matters

Changes in short interest can provide insight into investor sentiment and market expectations around a company. The significant drop in short interest for Valaris suggests that some investors are becoming more bullish on the company's prospects, potentially due to improved market conditions or operational performance.

The details

Valaris, which provides offshore drilling services to the global energy industry, has a diverse fleet of mobile offshore drilling units including drillships, semisubmersibles, and jackup rigs. The decrease in short interest was based on an average daily trading volume of 3,666,239 shares, resulting in a days-to-cover ratio of 1.6 days.

  • As of February 13th, 2026, Valaris had 5,691,867 shares sold short.
  • This represents a 13.7% decrease from the 6,593,107 shares sold short as of January 29th, 2026.

The players

Valaris Limited

An offshore drilling company that provides services to the global energy industry, operating a fleet of mobile offshore drilling units.

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The takeaway

The drop in short interest for Valaris suggests that investor sentiment is becoming more positive on the company, potentially signaling improved market conditions or operational performance for the offshore drilling industry.