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

Thales S.A. (OTCMKTS:THLLY) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 99.8% from the December 15th total of 46,100 shares. Based on an average daily volume of 68,000 shares, the days-to-cover ratio is currently 0.0 days.

Shares of OTCMKTS THLLY opened at $18.42 on Friday. Thales has a one year low of $15.69 and a one year high of $21.90. The business has a 50-day moving average price of $17.29 and a two-hundred day moving average price of $19.04.

The firm also recently disclosed a dividend, which was paid on Thursday, December 23rd. Shareholders of record on Wednesday, December 8th were given a dividend of $0.4704 per share. The ex-dividend date was Tuesday, December 7th. This represents a yield of 2.82%.

THLLY has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on Thales from €125.00 ($142.05) to €100.00 ($113.64) and set an “overweight” rating for the company in a research report on Tuesday, December 14th. Barclays restated an “equal weight” rating on shares of Thales in a research report on Monday, October 18th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to, the stock currently has an average rating of “Buy” and a consensus target price of $100.00.

Thales Company Profile

Thales SA is a holding company that engages in the manufacture, marketing, and sale of electronic equipment and systems for aeronautics, naval, and defense sectors. It operates through the following segments: Defense and Security, Digital Identity and Security, Aerospace and Transport. The Defense and Security segment designs and delivers systems for the following domain: land, air, naval, space, and cyberspace.

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