Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Update

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 35,000 shares, a drop of 30.1% from the October 15th total of 50,100 shares. Based on an average trading volume of 140,400 shares, the short-interest ratio is currently 0.2 days.

Veolia Environnement Price Performance

OTCMKTS:VEOEY opened at $14.92 on Thursday. The stock has a 50-day simple moving average of $16.25 and a 200 day simple moving average of $16.00. The company has a current ratio of 0.89, a quick ratio of 0.84 and a debt-to-equity ratio of 1.34. Veolia Environnement has a 52-week low of $14.62 and a 52-week high of $17.18.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Veolia Environnement to a “strong-buy” rating in a research note 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.