Veolia Environnement SA (OTCMKTS:VEOEY) Shares Shorted: Short Interest Down 89.2% in October

Veolia Environnement SA (OTCMKTS:VEOEY – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 27,870 shares, a drop of 89.2% from the October 15th total of 256,932 shares. Based on an average daily volume of 391,887 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Veolia Environnement Price Performance

Shares of Veolia Environnement stock traded down $0.24 on Wednesday, reaching $19.10. 564,034 shares of the company’s stock were exchanged, compared to its average volume of 254,563. Veolia Environnement has a 52 week low of $16.14 and a 52 week high of $21.62. The firm’s 50-day moving average is $18.12 and its two-hundred day moving average is $19.55.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on VEOEY

About Veolia Environnement

(Get Free Report)

Veolia Environnement is a France-based environmental services company that provides water, waste and energy management solutions to municipalities, businesses and other customers. Its water activities include drinking-water treatment and distribution, wastewater collection and treatment, and water technology and services. The company also provides waste collection, recycling, treatment and recovery services, as well as energy services such as district heating and cooling, energy efficiency and the operation of energy facilities.

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