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

Vinci SA (OTCMKTS:VCISY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 19,000 shares, a growth of 6,233.3% from the November 30th total of 300 shares. Based on an average daily trading volume, of 465,000 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Vinci Price Performance

Shares of OTCMKTS:VCISY opened at $25.60 on Friday. The company’s 50 day moving average is $26.61 and its two-hundred day moving average is $28.03. Vinci has a 52 week low of $25.13 and a 52 week high of $32.82.

Vinci Cuts Dividend

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