Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Up 62.4% in December

Veolia Environnement SA (OTCMKTS:VEOEY) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 101,221 shares, an increase of 62.4% from the December 15th total of 62,331 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 132,142 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 132,142 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Veolia Environnement from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Veolia Environnement Stock Performance

Shares of VEOEY opened at $17.25 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 1.64. The company has a 50-day simple moving average of $17.12 and a 200-day simple moving average of $17.18. Veolia Environnement has a 52 week low of $13.80 and a 52 week high of $18.49.

About Veolia Environnement

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.