Thales S.A. (OTCMKTS:THLLY) Short Interest Update

Thales S.A. (OTCMKTS:THLLY – Get Rating) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 4,400 shares, an increase of 131.6% from the April 30th total of 1,900 shares. Based on an average trading volume of 24,900 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

THLLY has been the subject of a number of research reports. JPMorgan Chase & Co. raised Thales from a “neutral” rating to an “overweight” rating in a research report on Monday, March 20th. Societe Generale raised shares of Thales from a “hold” rating to a “buy” rating in a research note on Thursday, January 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $149.00.

Thales Stock Up 0.1 %

OTCMKTS THLLY traded up $0.04 on Friday, reaching $28.64. The company had a trading volume of 16,317 shares, compared to its average volume of 24,081. Thales has a 1 year low of $20.82 and a 1 year high of $31.43. The firm has a 50-day moving average of $30.03 and a 200-day moving average of $27.32.

Thales Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 16th. Shareholders of record on Monday, May 22nd will be issued a $0.3574 dividend. This represents a yield of 1.46%. The ex-dividend date is Friday, May 19th. This is a boost from Thales’s previous dividend of $0.08.

About Thales

(Get Rating)

Thales SA is a holding company that engages in the manufacture, marketing, and sale of electronic equipment and systems for aeronautics, naval, and defense sectors. It operates through the following segments: Defense and Security, Digital Identity and Security, Aerospace and Transport. The Defense and Security segment designs and delivers systems for the following domain: land, air, naval, space, and cyberspace.