Short Interest in Thales S.A. (OTCMKTS:THLLY) Declines By 60.9%

Thales S.A. (OTCMKTS:THLLY) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 12,866 shares, a decline of 60.9% from the April 15th total of 32,905 shares. Based on an average trading volume of 135,675 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

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

Thales Stock Performance

Shares of THLLY stock opened at $50.30 on Friday. The stock’s 50-day moving average price is $57.51 and its 200 day moving average price is $57.21. Thales has a 52-week low of $49.31 and a 52-week 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.