Thales S.A. (OTCMKTS:THLLY) Sees Large Decline in Short Interest

Thales S.A. (OTCMKTS:THLLY) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,610 shares, a drop of 79.7% from the April 30th total of 12,866 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 140,461 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

A number of research analysts have commented on THLLY shares. Zacks Research upgraded shares of Thales to a “hold” rating in a research note on Wednesday, May 13th. Jefferies Financial Group raised Thales from a “hold” rating to a “buy” rating in a research note on Friday, January 30th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Thales has a consensus rating of “Hold”.

Thales Price Performance

OTCMKTS THLLY opened at $55.85 on Friday. The stock’s fifty day moving average price is $56.79 and its 200 day moving average price is $56.99. Thales has a 1 year low of $49.31 and a 1 year high of $65.46.

About Thales

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.