Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Down 69.1% in March

Veolia Environnement SA (OTCMKTS:VEOEY) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 17,720 shares, a drop of 69.1% from the February 26th total of 57,267 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 388,016 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Veolia Environnement from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Veolia Environnement Stock Up 1.7%

VEOEY opened at $18.66 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.83 and a current ratio of 0.88. The business has a fifty day simple moving average of $19.06 and a 200 day simple moving average of $17.74. Veolia Environnement has a 1 year low of $15.31 and a 1 year high of $21.28.

About Veolia Environnement

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.