Thales S.A. (OTCMKTS:THLEF) Short Interest Up 57.6% in May

Thales S.A. (OTCMKTS:THLEF) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 44,731 shares, an increase of 57.6% from the May 14th total of 28,383 shares. Based on an average daily volume of 279 shares, the short-interest ratio is currently 160.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. increased its position in Thales S.A. (OTCMKTS:THLEF) by 16.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,064 shares of the company’s stock after purchasing an additional 3,512 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,761,000 as of its most recent SEC filing. Institutional investors own 20.76% of the company’s stock.

Thales Stock Performance

OTCMKTS THLEF opened at $269.90 on Thursday. The company’s 50-day moving average price is $278.17 and its 200-day moving average price is $284.84. Thales has a 12 month low of $247.01 and a 12 month high of $333.38.

About Thales

Thales SA is a global technology company headquartered in Paris, France, specializing in developing advanced systems and solutions for the aerospace, defense, security, and transportation markets. The company’s core activities encompass the design, integration, and deployment of mission-critical equipment such as avionics and flight management systems, radar and sensor technologies, secure communications networks, and digital identity and cybersecurity platforms.

In the aerospace sector, Thales provides flight avionics, air traffic management solutions, and in-flight entertainment systems to commercial and military customers.