Thales S.A. (OTCMKTS:THLLY) Sees Significant Increase in Short Interest

Thales S.A. (OTCMKTS:THLLY) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 34,700 shares, a growth of 381.9% from the October 31st total of 7,200 shares. Based on an average daily volume of 137,400 shares, the days-to-cover ratio is currently 0.3 days.

Thales Stock Down 0.5 %

Shares of Thales stock opened at $29.51 on Friday. The stock has a 50 day moving average price of $32.43 and a two-hundred day moving average price of $33.13. Thales has a 12-month low of $28.18 and a 12-month high of $37.71.

Thales Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.1806 per share. The ex-dividend date is Monday, December 2nd.

About Thales

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.