Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Up 308.7% in September

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 28,200 shares, a growth of 308.7% from the September 15th total of 6,900 shares. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Veolia Environnement from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Veolia Environnement currently has an average rating of “Hold”.

Veolia Environnement Trading Up 0.6%

Shares of VEOEY opened at $17.48 on Monday. The firm has a fifty day simple moving average of $17.03 and a two-hundred day simple moving average of $17.31. Veolia Environnement has a 1-year low of $13.44 and a 1-year high of $18.49.

About Veolia Environnement

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; customer relationship management; drinking water treatment and distribution; wastewater treatment; design and construction of treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities.