Veolia Environnement SA (OTCMKTS:VEOEY) Shares Shorted: Short Interest Down 89.2% in October

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 27,870 shares, a drop of 89.2% from the October 15th total of 256,932 shares. Based on an average daily trading volume, of 391,887 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

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 MarketBeat.com, Veolia Environnement presently has a consensus rating of “Hold”.

Veolia Environnement Trading Down 1.2%

VEOEY traded down $0.24 during trading on Wednesday, reaching $19.10. 564,034 shares of the company’s stock were exchanged, compared to its average volume of 254,563. Veolia Environnement has a one year low of $16.14 and a one year high of $21.62. The firm has a fifty day moving average price of $18.12 and a two-hundred day moving average price of $19.55.

Veolia Environnement Company Profile

Veolia Environnement is a France-based environmental services company that provides water, waste and energy management solutions to municipalities, businesses and other customers. Its water activities include drinking-water treatment and distribution, wastewater collection and treatment, and water technology and services. The company also provides waste collection, recycling, treatment and recovery services, as well as energy services such as district heating and cooling, energy efficiency and the operation of energy facilities.