Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Up 61.2% in August

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 24,095 shares, an increase of 61.2% from the August 15th total of 14,949 shares. Based on an average daily trading volume, of 319,016 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

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

Veolia Environnement Stock Performance

Shares of VEOEY stock opened at $18.17 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 1.54. The firm’s 50-day simple moving average is $19.85 and its two-hundred day simple moving average is $20.00. Veolia Environnement has a 52 week low of $16.14 and a 52 week high of $21.62.

About Veolia Environnement

Veolia Environnement is a France-based environmental services company that provides water, waste management and energy services to municipalities, industrial customers and commercial organizations. Its activities include drinking-water production and distribution, wastewater treatment, environmental remediation, waste collection and recycling, and the recovery and treatment of hazardous and nonhazardous waste.

The company also develops and operates energy services, including district heating and cooling, energy efficiency programs, renewable and recovered-energy solutions, and services designed to help customers reduce emissions and conserve natural resources.