Veolia Environnement SA (OTCMKTS:VEOEY) Sees Significant Drop in Short Interest

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 35,437 shares, a decline of 47.7% from the April 30th total of 67,727 shares. Based on an average daily trading volume, of 181,615 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Veolia Environnement Trading Down 2.0%

Shares of OTCMKTS:VEOEY traded down $0.40 on Tuesday, hitting $19.91. The company’s stock had a trading volume of 1,004,985 shares, compared to its average volume of 90,965. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.81 and a current ratio of 0.86. The company has a 50-day simple moving average of $20.06 and a 200 day simple moving average of $18.81. Veolia Environnement has a 1 year low of $16.01 and a 1 year high of $21.62.

Veolia Environnement Company Profile

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.