Thales S.A. (OTCMKTS:THLEF) Short Interest Update

Thales S.A. (OTCMKTS:THLEF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 56,700 shares, a growth of 108.5% from the February 13th total of 27,200 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is presently 10.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. bought a new position in Thales S.A. (OTCMKTS:THLEF) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 30,580 shares of the company’s stock, valued at approximately $4,386,000. 20.76% of the stock is currently owned by institutional investors and hedge funds.

Thales Price Performance

Shares of Thales stock traded down $2.80 on Friday, reaching $255.70. The company had a trading volume of 676 shares, compared to its average volume of 2,351. The firm’s 50-day moving average price is $181.29 and its two-hundred day moving average price is $165.81. Thales has a 1 year low of $136.99 and a 1 year high of $280.20.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.