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

Thales S.A. (OTCMKTS:THLEF) saw a large increase in short interest during the month of 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 short-interest ratio is currently 160.3 days.

Institutional Trading of Thales

A hedge fund recently raised its stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. raised its holdings in Thales S.A. (OTCMKTS:THLEF) by 16.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,064 shares of the company’s stock after acquiring an additional 3,512 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,761,000 at the end of the most recent quarter. 20.76% of the stock is owned by institutional investors and hedge funds.

Thales Trading Up 1.5%

THLEF stock opened at $273.92 on Tuesday. Thales has a 12 month low of $247.01 and a 12 month high of $333.38. The firm has a 50-day moving average of $279.99 and a two-hundred day moving average of $284.71.

About Thales

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.