Thales S.A. (OTCMKTS:THLLY) Sees Significant Increase in Short Interest

Thales S.A. (OTCMKTS:THLLY) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 33,652 shares, a growth of 115.2% from the July 30th total of 15,635 shares. Based on an average trading volume of 104,577 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Thales Stock Performance

OTCMKTS:THLLY opened at $56.66 on Monday. Thales has a fifty-two week low of $48.75 and a fifty-two week high of $65.46. The firm has a 50-day simple moving average of $55.63 and a two-hundred day simple moving average of $56.38.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Citigroup restated a “buy” rating on shares of Thales in a research report on Tuesday, July 7th. Royal Bank Of Canada assumed coverage on Thales in a report on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Finally, Zacks Research raised Thales to a “hold” rating in a research report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

About Thales

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.