Veolia Environnement SA (OTCMKTS:VEOEY) Sees Significant Increase in Short Interest

Veolia Environnement SA (OTCMKTS:VEOEY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 522,200 shares, a growth of 8,603.3% from the July 15th total of 6,000 shares. Based on an average trading volume of 480,700 shares, the days-to-cover ratio is currently 1.1 days.

Veolia Environnement Price Performance

Shares of Veolia Environnement stock opened at $15.43 on Wednesday. The business has a fifty day simple moving average of $15.57 and a two-hundred day simple moving average of $15.83. Veolia Environnement has a 12 month low of $13.15 and a 12 month high of $17.18.

Analyst Ratings Changes

Separately, UBS Group raised Veolia Environnement to a “strong-buy” rating in a research report on Thursday, July 18th.

About Veolia Environnement

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; customer relationship management; drinking water treatment and distribution; wastewater treatment; design and construction of treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities.