Short Interest in Vinci SA (OTCMKTS:VCISY) Increases By 338.9%

Vinci SA (OTCMKTS:VCISY) was the recipient of a significant increase in short interest during the month of 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 trading volume, of 419,200 shares, the days-to-cover ratio is currently 0.0 days.

Vinci Trading Down 0.7 %

OTCMKTS:VCISY opened at $25.64 on Friday. Vinci has a one year low of $25.40 and a one year high of $32.82. The firm’s 50 day simple moving average is $28.05 and its 200 day simple moving average is $28.74.

Vinci Cuts Dividend

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

Wall Street Analyst Weigh In

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

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.