Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Grows By 62.4%

Veolia Environnement SA (OTCMKTS:VEOEY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 101,221 shares, an increase of 62.4% from the December 15th total of 62,331 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 132,142 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 132,142 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s shares are sold short.

Veolia Environnement Stock Performance

OTCMKTS VEOEY opened at $17.23 on Friday. The business has a 50 day simple moving average of $17.11 and a 200 day simple moving average of $17.18. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 1.64. Veolia Environnement has a one year low of $13.62 and a one year high of $18.49.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Veolia Environnement from a “strong sell” rating to a “hold” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Veolia Environnement has an average rating of “Hold”.

About Veolia Environnement

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.