Short Interest in Thales S.A. (OTCMKTS:THLLY) Increases By 398.2%

Thales S.A. (OTCMKTS:THLLY) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 14,198 shares, a growth of 398.2% from the May 31st total of 2,850 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 112,251 shares, the short-interest ratio is presently 0.1 days.

Thales Price Performance

Thales stock opened at $49.07 on Friday. The firm has a 50 day simple moving average of $53.99 and a 200-day simple moving average of $56.91. Thales has a 1-year low of $48.75 and a 1-year high of $65.46.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Thales to a “hold” rating in a report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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.