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

Thales S.A. (OTCMKTS:THLLY) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 7,200 shares, a decline of 34.5% from the October 15th total of 11,000 shares. Based on an average daily trading volume, of 104,700 shares, the short-interest ratio is presently 0.1 days.

Thales Stock Down 1.2 %

OTCMKTS:THLLY traded down $0.38 during midday trading on Friday, hitting $31.84. The company had a trading volume of 58,423 shares, compared to its average volume of 50,686. The stock’s fifty day moving average price is $32.73 and its 200-day moving average price is $33.41. Thales has a 52-week low of $28.18 and a 52-week high of $37.71.

About Thales

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.