Vinci SA (OTCMKTS:VCISY) Sees Significant Increase in Short Interest

Vinci SA (OTCMKTS:VCISY) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 7,900 shares, an increase of 338.9% from the October 31st total of 1,800 shares. Based on an average daily volume of 419,200 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of Vinci to a “moderate buy” rating in a research note on Tuesday, November 12th.

Vinci Trading Down 0.7 %

Shares of VCISY stock traded down $0.18 during mid-day trading on Thursday, reaching $25.64. 124,601 shares of the company’s stock traded hands, compared to its average volume of 133,867. The firm has a 50 day moving average price of $28.05 and a two-hundred day moving average price of $28.74. Vinci has a 12 month low of $25.40 and a 12 month high of $32.82.

Vinci Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were issued a $0.2897 dividend. The ex-dividend date was Tuesday, October 15th.

Vinci Company Profile

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.