Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Declines By 37.2%

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 16,200 shares, a drop of 37.2% from the September 15th total of 25,800 shares. Based on an average daily trading volume, of 132,900 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, UBS Group raised shares of Veolia Environnement to a “strong-buy” rating in a research report on Thursday, July 18th.

Veolia Environnement Price Performance

Shares of OTCMKTS:VEOEY opened at $16.33 on Friday. The company’s 50-day moving average price is $16.17 and its two-hundred day moving average price is $15.94. Veolia Environnement has a one year low of $13.15 and a one year high of $17.18. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.89 and a quick ratio of 0.84.

Veolia Environnement Company Profile

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; customer relationship management; drinking water treatment and distribution; wastewater treatment; design and construction of treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities.