Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Decreases By 98.9%

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 2,400 shares, a drop of 98.9% from the August 15th total of 225,900 shares. Based on an average daily trading volume, of 92,700 shares, the days-to-cover ratio is presently 0.0 days.

Veolia Environnement Stock Performance

OTCMKTS:VEOEY traded up $0.09 during trading hours on Thursday, hitting $16.42. The company’s stock had a trading volume of 42,169 shares, compared to its average volume of 123,567. Veolia Environnement has a 52-week low of $13.15 and a 52-week high of $17.18. The stock has a fifty day moving average of $15.80 and a 200-day moving average of $15.85.

Wall Street Analyst Weigh In

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

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.