Veolia Environnement SA (OTCMKTS:VEOEY) Shares Shorted: Short Interest Down 89.2% in October

Veolia Environnement SA (OTCMKTS:VEOEY) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 27,870 shares, a drop of 89.2% from the October 15th total of 256,932 shares. Based on an average trading volume of 391,887 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of Veolia Environnement to a “hold” rating in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Hold rating. According to MarketBeat.com, Veolia Environnement presently has an average rating of “Hold”.

Veolia Environnement Stock Performance

Shares of OTCMKTS VEOEY traded up $0.14 during trading hours on Friday, reaching $19.29. 66,323 shares of the stock traded hands, compared to its average volume of 254,691. Veolia Environnement has a 52-week low of $16.14 and a 52-week high of $21.62. The company’s 50-day simple moving average is $18.13 and its two-hundred day simple moving average is $19.56.

Veolia Environnement Company Profile

Veolia Environnement is a France-based environmental services company that provides water, waste and energy management solutions to municipalities, businesses and other customers. Its water activities include drinking-water treatment and distribution, wastewater collection and treatment, and water technology and services. The company also provides waste collection, recycling, treatment and recovery services, as well as energy services such as district heating and cooling, energy efficiency and the operation of energy facilities.