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

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

Thales Stock Down 0.5 %

Shares of OTCMKTS:THLLY traded down $0.16 during midday trading on Thursday, hitting $29.51. The stock had a trading volume of 61,276 shares, compared to its average volume of 52,541. Thales has a 1 year low of $28.18 and a 1 year high of $37.71. The stock has a 50 day moving average price of $32.43 and a two-hundred day moving average price of $33.13.

Thales Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Monday, December 2nd will be issued a $0.1806 dividend. The ex-dividend date of this dividend 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.