Short Interest in Thales S.A. (OTCMKTS:THLLY) Expands By 398.2%

Thales S.A. (OTCMKTS:THLLY) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 14,198 shares, a growth of 398.2% from the May 31st total of 2,850 shares. Based on an average daily trading volume, of 112,251 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Zacks Research raised Thales to a “hold” rating in a report on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Thales currently has a consensus rating of “Hold”.

Thales Stock Performance

THLLY opened at $49.07 on Friday. Thales has a twelve month low of $48.75 and a twelve month high of $65.46. The company has a 50-day moving average price of $53.99 and a 200 day moving average price of $56.91.

About Thales

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.