Thales S.A. (OTCMKTS:THLEF) Sees Large Decline in Short Interest

Thales S.A. (OTCMKTS:THLEF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 10,700 shares, a decline of 41.5% from the August 15th total of 18,300 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 13.4 days.

Thales Price Performance

Thales stock opened at $165.74 on Friday. The firm’s 50 day simple moving average is $162.20 and its 200 day simple moving average is $165.88. Thales has a 1-year low of $137.40 and a 1-year high of $183.00.

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.