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

Thales S.A. (OTCMKTS:THLLY) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 4,400 shares, a decrease of 73.3% from the May 31st total of 16,500 shares. Based on an average trading volume of 79,900 shares, the days-to-cover ratio is presently 0.1 days.

Thales Stock Performance

Shares of THLLY traded down $0.30 during mid-day trading on Thursday, reaching $32.12. 26,436 shares of the company’s stock were exchanged, compared to its average volume of 57,630. The business’s fifty day simple moving average is $34.95 and its 200-day simple moving average is $32.27. Thales has a 52-week low of $26.61 and a 52-week high of $37.71.

Thales Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, May 20th were paid a $0.5533 dividend. The ex-dividend date was Friday, May 17th. This is a positive change from Thales’s previous dividend of $0.17.

About Thales

Thales SA provides various solutions for civilian and military customers 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.