Thales S.A. (OTCMKTS:THLLY) Short Interest Down 60.9% in April

Thales S.A. (OTCMKTS:THLLY) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 12,866 shares, a decline of 60.9% from the April 15th total of 32,905 shares. Based on an average daily volume of 135,675 shares, the short-interest ratio is currently 0.1 days.

Thales Price Performance

Thales stock remained flat at $52.00 during trading hours on Thursday. The company’s stock had a trading volume of 21,075 shares, compared to its average volume of 84,377. Thales has a 1-year low of $50.57 and a 1-year high of $65.46. The stock has a 50-day simple moving average of $57.81 and a 200-day simple moving average of $57.30.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised Thales from a “hold” rating to a “buy” rating in a research note on Friday, January 30th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Thales

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.