Thales S.A. (OTCMKTS:THLLY) Short Interest Down 85.6% in September

Thales S.A. (OTCMKTS:THLLY) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 10,900 shares, a decline of 85.6% from the September 15th total of 75,600 shares. Based on an average trading volume of 491,000 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 491,000 shares, the days-to-cover ratio is currently 0.0 days.

Thales Price Performance

Shares of Thales stock opened at $57.48 on Friday. The stock has a 50-day moving average price of $57.13 and a 200 day moving average price of $56.81. Thales has a 1 year low of $28.05 and a 1 year high of $65.46.

Analyst Ratings Changes

THLLY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Thales in a report on Tuesday, September 16th. The Goldman Sachs Group initiated coverage on Thales in a report on Friday, September 19th. They issued a “sell” rating on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Thales has a consensus rating of “Hold”.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.