Veolia Environnement SA (OTCMKTS:VEOEY) Stock Short Interest Jumps 186.0%

Veolia Environnement SA (OTCMKTS:VEOEY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 256,932 shares, an increase of 186.0% from the September 30th total of 89,847 shares. Based on an average daily trading volume, of 509,682 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

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

Veolia Environnement Stock Up 0.7%

VEOEY opened at $18.38 on Friday. Veolia Environnement has a 1 year low of $16.14 and a 1 year high of $21.62. The firm’s fifty day moving average price is $18.23 and its two-hundred day moving average price is $19.49.

Veolia Environnement Company Profile

Veolia Environnement is a France-based environmental services company that provides solutions for water, waste management and energy. Its activities support municipalities, industrial companies and other organizations seeking to manage essential services, improve resource efficiency and reduce environmental impacts.

The company operates across the water cycle, including drinking-water production and distribution, wastewater treatment, industrial water services and related infrastructure management.