Thales S.A. (OTCMKTS:THLEF) Short Interest Update

Thales S.A. (OTCMKTS:THLEF) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 44,731 shares, an increase of 57.6% from the May 14th total of 28,383 shares. Based on an average daily trading volume, of 279 shares, the short-interest ratio is currently 160.3 days.

Thales Trading Down 4.0%

Shares of THLEF opened at $263.05 on Wednesday. Thales has a 12 month low of $247.01 and a 12 month high of $333.38. The stock has a fifty day moving average price of $279.05 and a 200-day moving average price of $284.75.

Institutional Trading of Thales

An institutional investor recently raised its position in Thales stock. Generali Investments CEE investicni spolecnost a.s. grew its holdings in shares of Thales S.A. (OTCMKTS:THLEF) by 16.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,064 shares of the company’s stock after purchasing an additional 3,512 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,761,000 at the end of the most recent quarter. Institutional investors and hedge funds own 20.76% of the company’s stock.

Thales Company Profile

Thales SA is a global technology company headquartered in Paris, France, specializing in developing advanced systems and solutions for the aerospace, defense, security, and transportation markets. The company’s core activities encompass the design, integration, and deployment of mission-critical equipment such as avionics and flight management systems, radar and sensor technologies, secure communications networks, and digital identity and cybersecurity platforms.

In the aerospace sector, Thales provides flight avionics, air traffic management solutions, and in-flight entertainment systems to commercial and military customers.