Thales S.A. (OTCMKTS:THLEF) Short Interest Update

Thales S.A. (OTCMKTS:THLEF) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 28,300 shares, a drop of 16.8% from the January 15th total of 34,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 141.5 days.

Thales Price Performance

Shares of THLEF stock opened at $161.00 on Friday. Thales has a 12-month low of $136.99 and a 12-month high of $183.00. The firm has a 50-day moving average price of $150.11 and a 200 day moving average price of $157.39.

Hedge Funds Weigh In On Thales

A hedge fund recently bought a new stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Thales S.A. (OTCMKTS:THLEF) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 30,580 shares of the company’s stock, valued at approximately $4,386,000. Institutional investors and hedge funds own 20.76% of the company’s stock.

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.