Thales S.A. (OTCMKTS:THLEF – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 56,700 shares, a growth of 108.5% from the February 13th total of 27,200 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 10.5 days.
Thales Stock Up 7.2 %
Shares of THLEF opened at $274.00 on Friday. Thales has a 12-month low of $136.99 and a 12-month high of $280.20. The stock’s fifty day simple moving average is $183.94 and its 200-day simple moving average is $166.57.
Hedge Funds Weigh In On Thales
A hedge fund recently bought a new stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. bought a new stake in Thales S.A. (OTCMKTS:THLEF – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,580 shares of the company’s stock, valued at approximately $4,386,000. Institutional investors 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.
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