Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Grows By 179.8%

Veolia Environnement SA (OTCMKTS:VEOEY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 73,600 shares, an increase of 179.8% from the February 28th total of 26,300 shares. Based on an average daily volume of 195,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Veolia Environnement to a “strong-buy” rating in a report on Tuesday, March 18th.

Veolia Environnement Price Performance

VEOEY stock opened at $17.37 on Friday. Veolia Environnement has a one year low of $13.44 and a one year high of $17.44. The company has a 50 day moving average price of $15.31 and a two-hundred day moving average price of $15.27. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 1.34.

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.