Short Interest in Thales S.A. (OTCMKTS:THLEF) Rises By 57.6%

Thales S.A. (OTCMKTS:THLEF – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 44,731 shares, an increase of 57.6% from the May 14th total of 28,383 shares. Based on an average trading volume of 279 shares, the days-to-cover ratio is currently 160.3 days.

Thales Stock Performance

THLEF opened at $273.92 on Tuesday. Thales has a twelve month low of $247.01 and a twelve month high of $333.38. The company has a 50-day moving average price of $279.99 and a 200 day moving average price of $284.71.

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Institutional Inflows and Outflows

A hedge fund recently raised its stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. increased its stake in shares of Thales S.A. (OTCMKTS:THLEF – Free Report) by 16.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,064 shares of the company’s stock after purchasing an additional 3,512 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,761,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 20.76% of the company’s stock.

About Thales

(Get Free Report)

Thales SA is a global technology company headquartered in Paris, France, specializing in developing advanced systems and solutions for the aerospace, defense, security, and transportation markets. The company’s core activities encompass the design, integration, and deployment of mission-critical equipment such as avionics and flight management systems, radar and sensor technologies, secure communications networks, and digital identity and cybersecurity platforms.

In the aerospace sector, Thales provides flight avionics, air traffic management solutions, and in-flight entertainment systems to commercial and military customers.

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