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

Thales S.A. (OTCMKTS:THLLY) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 33,652 shares, a growth of 115.2% from the July 30th total of 15,635 shares. Based on an average daily trading volume, of 104,577 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

THLLY has been the subject of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Thales in a report on Tuesday, July 7th. Royal Bank Of Canada began coverage on shares of Thales in a research note on Tuesday, August 11th. They set a “moderate buy” rating on the stock. Finally, Zacks Research raised shares of Thales to a “hold” rating in a research note on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Thales presently has a consensus rating of “Moderate Buy”.

Thales Stock Performance

Shares of OTCMKTS:THLLY opened at $56.66 on Friday. Thales has a 1-year low of $48.75 and a 1-year high of $65.46. The company has a 50 day moving average price of $55.63 and a 200 day moving average price of $56.42.

Thales Company Profile

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.