Short Interest in Veolia Environnement SA (OTCMKTS:VEOEY) Decreases By 61.9%

Veolia Environnement SA (OTCMKTS:VEOEY) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 77,446 shares, a decline of 61.9% from the July 15th total of 203,311 shares. Based on an average trading volume of 242,032 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised Veolia Environnement to a “hold” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Veolia Environnement Stock Down 0.4%

Shares of OTCMKTS VEOEY opened at $19.72 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.81 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 $21.62. The company has a 50-day simple moving average of $20.59 and a 200-day simple moving average of $20.08.

Veolia Environnement Company Profile

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.