Thales S.A. (OTCMKTS:THLEF – Get Free Report) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 28,300 shares, a decline of 16.8% from the January 15th total of 34,000 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 141.5 days.
Institutional Trading of Thales
A hedge fund recently bought a new stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Thales S.A. (OTCMKTS:THLEF – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 30,580 shares of the company’s stock, valued at approximately $4,386,000. 20.76% of the stock is currently owned by hedge funds and other institutional investors.
Thales Stock Performance
THLEF stock opened at $161.00 on Friday. Thales has a 52 week low of $136.99 and a 52 week high of $183.00. The firm’s 50-day moving average is $150.40 and its two-hundred day moving average is $157.37.
Thales Company Profile
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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