Vinci SA (OTCMKTS:VCISY) Short Interest Update

Vinci SA (OTCMKTS:VCISY) was the recipient of a significant 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.

Analysts Set New Price Targets

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

Vinci Stock Down 1.4 %

Shares of Vinci stock traded down $0.37 during trading on Wednesday, hitting $25.82. 199,755 shares of the stock were exchanged, compared to its average volume of 181,231. Vinci has a 1-year low of $25.40 and a 1-year high of $32.82. The company has a fifty day moving average price of $28.26 and a 200-day moving average price of $28.79.

Vinci Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 1st. Shareholders 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.