Thales S.A. (OTCMKTS:THLLY) Short Interest Down 50.0% in August

Thales S.A. (OTCMKTS:THLLY – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 16,816 shares, a drop of 50.0% from the August 15th total of 33,652 shares. Based on an average daily volume of 68,115 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of research firms have weighed in on THLLY. Citigroup restated a “buy” rating on shares of Thales in a research report on Tuesday, July 7th. Royal Bank Of Canada started coverage on shares of Thales in a report on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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Thales Stock Up 1.2%

Shares of THLLY opened at $53.14 on Tuesday. Thales has a twelve month low of $48.75 and a twelve month high of $65.46. The firm’s 50 day moving average price is $56.05 and its 200 day moving average price is $55.94.

Thales Company Profile

(Get Free Report)

Thales is a French technology company that develops systems and services for the aerospace, defense, transportation, digital identity and security markets. Its offerings include avionics, air traffic management systems, radar and communications equipment, satellite and space technologies, cybersecurity solutions, digital identity products, and secure communications systems.

The company serves government agencies, defense organizations, commercial airlines, airports, transportation operators, financial institutions and other businesses.

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