Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Up 204.9% in July

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 203,311 shares, an increase of 204.9% from the June 30th total of 66,688 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 776,404 shares, the short-interest ratio is presently 0.3 days.

Veolia Environnement Stock Performance

Shares of OTCMKTS:VEOEY opened at $20.55 on Tuesday. The business has a 50 day moving average price of $20.61 and a 200 day moving average price of $19.84. Veolia Environnement has a twelve month low of $16.01 and a twelve month high of $21.62. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.81 and a current ratio of 0.86.

Analysts Set New Price Targets

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

Veolia Environnement Company Profile

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.