Veolia Environnement SA (OTCMKTS:VEOEY) Stock Short Interest Climbs 377.0%
by Mitch Edgeman · The Markets DailyVeolia Environnement SA (OTCMKTS:VEOEY – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 89,847 shares, a growth of 377.0% from the September 15th total of 18,835 shares. Based on an average trading volume of 376,810 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.
Analysts Set New Price Targets
Separately, Citigroup raised Veolia Environnement to a “hold” rating in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Get Our Latest Research Report on Veolia Environnement
Veolia Environnement Trading Down 0.1%
OTCMKTS:VEOEY opened at $17.46 on Tuesday. Veolia Environnement has a 1 year low of $16.14 and a 1 year high of $21.62. The firm’s fifty day simple moving average is $18.71 and its 200 day simple moving average is $19.81.
About Veolia Environnement
Veolia Environnement SA is a France-based environmental services company that provides water, waste management, and energy services to municipalities, industrial customers, and commercial organizations. Its activities focus on managing essential resources, improving operational efficiency, and supporting the transition to more sustainable infrastructure.
The company’s water operations include drinking-water production and distribution, wastewater collection and treatment, industrial water services, and water resource management.