Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Up 1,240.0% in March

Veolia Environnement SA (OTCMKTS:VEOEY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 237,448 shares, a growth of 1,240.0% from the March 15th total of 17,720 shares. Based on an average daily trading volume, of 579,224 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Veolia Environnement Stock Up 0.6%

OTCMKTS VEOEY opened at $20.54 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.86 and a quick ratio of 0.81. Veolia Environnement has a 1 year low of $16.01 and a 1 year high of $21.28. The business’s 50-day moving average is $19.41 and its 200 day moving average is $17.94.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Veolia Environnement from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, 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.