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

Key Points

• Short interest surged to 237,448 shares as of March 31, a 1,240.0% increase from March 15, giving a short‑interest ratio of about 0.4 days based on average daily volume.
• Shares traded up 0.6% to $20.54 (12‑month range $16.01–$21.28; 50/200‑day SMAs $19.38/$17.91), and Zacks recently upgraded Veolia from a "strong sell" to a "hold" (consensus: Hold).

Veolia Environnement SA (OTCMKTS:VEOEY - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 237,448 shares, an increase of 1,240.0% from the March 15th total of 17,720 shares. Based on an average daily volume of 579,224 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's stock are sold short.

Veolia Environnement Trading Up 0.6%

Shares of VEOEY stock traded up $0.12 during trading hours on Friday, reaching $20.54. The company had a trading volume of 69,393 shares, compared to its average volume of 174,222. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 1.54. Veolia Environnement has a 12 month low of $16.01 and a 12 month high of $21.28. The business has a fifty day simple moving average of $19.38 and a 200-day simple moving average of $17.91.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Veolia Environnement from a "strong sell" rating to a "hold" rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold".

About Veolia Environnement

Veolia Environnement OTCMKTS: VEOEY is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.

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