Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Up 204.9% in July

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 203,311 shares, an increase of 204.9% from the June 30th total of 66,688 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 776,404 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Citigroup raised Veolia Environnement to a “hold” rating in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Veolia Environnement Stock Performance

Shares of Veolia Environnement stock opened at $20.80 on Monday. The business’s 50 day simple moving average is $20.60 and its 200 day simple moving average is $19.81. 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 52-week low of $16.01 and a 52-week high of $21.62.

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.