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

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 16,200 shares, a decrease of 37.2% from the September 15th total of 25,800 shares. Based on an average trading volume of 132,900 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Veolia Environnement Stock Performance

OTCMKTS:VEOEY opened at $16.33 on Monday. The stock’s fifty day moving average is $16.19 and its 200 day moving average is $15.94. Veolia Environnement has a fifty-two week low of $13.15 and a fifty-two week high of $17.18. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.84 and a current ratio of 0.89.

Veolia Environnement Company Profile

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.