Veolia Environnement SA (OTCMKTS:VEOEY) Sees Significant Increase in Short Interest

Veolia Environnement SA (OTCMKTS:VEOEY) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 13,718 shares, a growth of 121.1% from the January 15th total of 6,204 shares. Based on an average daily volume of 227,284 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 227,284 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research raised Veolia Environnement from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Veolia Environnement Stock Up 2.1%

OTCMKTS:VEOEY opened at $19.62 on Thursday. The firm’s fifty day simple moving average is $17.72 and its 200-day simple moving average is $17.25. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 1.64. Veolia Environnement has a fifty-two week low of $13.86 and a fifty-two week high of $19.62.

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.