Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Grows By 308.7%

Veolia Environnement SA (OTCMKTS:VEOEY) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 28,200 shares, a growth of 308.7% from the September 15th total of 6,900 shares. Based on an average daily trading volume, of 132,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 132,300 shares, the days-to-cover ratio is presently 0.2 days.

Veolia Environnement Price Performance

VEOEY opened at $17.48 on Friday. Veolia Environnement has a fifty-two week low of $13.44 and a fifty-two week high of $18.49. The company’s 50 day moving average price is $17.03 and its two-hundred day moving average price is $17.31.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Veolia Environnement from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

About Veolia Environnement

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.