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

Thales S.A. (OTCMKTS:THLEF) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 48,800 shares, a decline of 66.2% from the September 15th total of 144,500 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 97.6 days. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 97.6 days.

Thales Stock Performance

Shares of OTCMKTS THLEF opened at $298.44 on Friday. Thales has a twelve month low of $136.99 and a twelve month high of $333.38. The stock’s 50 day moving average price is $285.73 and its 200-day moving average price is $284.45.

Hedge Funds Weigh In On Thales

An institutional investor recently raised its position in Thales stock. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in Thales S.A. (OTCMKTS:THLEF) by 6.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,552 shares of the company’s stock after buying an additional 1,289 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,743,000 at the end of the most recent reporting period. 20.76% of the stock is currently owned by institutional investors.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.