Veolia Environnement SA (OTCMKTS:VEOEY) Shares Shorted: Short Interest Up 377.0% in September

Veolia Environnement SA (OTCMKTS:VEOEY) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 89,847 shares, a growth of 377.0% from the September 15th total of 18,835 shares. Based on an average daily trading volume, of 376,810 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Veolia Environnement Stock Performance

Veolia Environnement stock opened at $17.47 on Monday. Veolia Environnement has a 52 week low of $16.14 and a 52 week high of $21.62. The stock has a 50-day simple moving average of $18.76 and a 200 day simple moving average of $19.82.

Analyst Upgrades and Downgrades

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

Veolia Environnement Company Profile

Veolia Environnement SA is a France-based environmental services company that provides water, waste management, and energy services to municipalities, industrial customers, and commercial organizations. Its activities focus on managing essential resources, improving operational efficiency, and supporting the transition to more sustainable infrastructure.

The company’s water operations include drinking-water production and distribution, wastewater collection and treatment, industrial water services, and water resource management.