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

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large increase in short interest in 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. Based on an average trading volume of 776,404 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

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

Veolia Environnement Price Performance

Shares of VEOEY stock opened at $20.80 on Monday. The business has a fifty day simple moving average of $20.60 and a 200 day simple moving average of $19.81. Veolia Environnement has a twelve month low of $16.01 and a twelve month high of $21.62. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.81 and a current ratio of 0.86.

Veolia Environnement Company Profile

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.