Thales S.A. (OTCMKTS:THLLY) Sees Large Decrease in Short Interest

Thales S.A. (OTCMKTS:THLLY) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,610 shares, a decline of 79.7% from the April 30th total of 12,866 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 140,461 shares, the short-interest ratio is presently 0.0 days.

Thales Trading Up 0.4%

Thales stock traded up $0.23 during trading hours on Friday, reaching $56.07. 23,752 shares of the stock were exchanged, compared to its average volume of 87,791. Thales has a twelve month low of $49.31 and a twelve month high of $65.46. The stock has a 50 day moving average of $56.75 and a two-hundred day moving average of $56.99.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Thales to a “hold” rating in a research note on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Thales Company Profile

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.