Thales S.A. (OTCMKTS:THLEF) Sees Significant Decrease in Short Interest

Thales S.A. (OTCMKTS:THLEF) was the recipient of a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 18,300 shares, a decline of 34.9% from the July 31st total of 28,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 183.0 days.

Thales Price Performance

Thales stock remained flat at $167.25 during mid-day trading on Friday. 20 shares of the company were exchanged, compared to its average volume of 907. Thales has a 52 week low of $137.40 and a 52 week high of $183.00. The company’s 50 day moving average price is $162.22 and its 200-day moving average price is $164.43.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.