Veolia Environnement SA (OTCMKTS:VEOEY) Shares Shorted: Short Interest Up 186.0% in October

Veolia Environnement SA (OTCMKTS:VEOEY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 256,932 shares, a growth of 186.0% from the September 30th total of 89,847 shares. Based on an average daily volume of 509,682 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Veolia Environnement to a “hold” rating in a report on Tuesday, July 21st. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Veolia Environnement Stock Performance

Shares of OTCMKTS VEOEY opened at $18.40 on Friday. Veolia Environnement has a 1-year low of $16.14 and a 1-year high of $21.62. The business has a fifty day moving average price of $18.20 and a 200 day moving average price of $19.49.

Veolia Environnement Company Profile

Veolia Environnement is a France-based environmental services company that provides solutions for water, waste management and energy. Its activities support municipalities, industrial companies and other organizations seeking to manage essential services, improve resource efficiency and reduce environmental impacts.

The company operates across the water cycle, including drinking-water production and distribution, wastewater treatment, industrial water services and related infrastructure management.