Veolia Environnement SA (OTCMKTS:VEOEY) Short Interest Update

Key Points

• Veolia Environnement SA experienced a significant spike in short interest, increasing by 308.7% in September, totaling 28,200 shares as of September 30th.
• Zacks Research has downgraded Veolia's rating from "strong-buy" to "hold", and the company currently holds a consensus rating of "Hold".
• The stock price of Veolia Environnement was reported at $17.48, with a fifty-two week trading range from $13.44 to $18.49.

Veolia Environnement SA (OTCMKTS:VEOEY - Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 28,200 shares, an increase of 308.7% from the September 15th total of 6,900 shares. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research lowered Veolia Environnement from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Veolia Environnement Trading Up 0.6%

Shares of OTCMKTS VEOEY opened at $17.48 on Friday. The business's 50 day moving average price is $17.03 and its 200-day moving average price is $17.32. Veolia Environnement has a fifty-two week low of $13.44 and a fifty-two week high of $18.49.

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.

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