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 November. As of November 15th, there was short interest totalling 7,900 shares, a growth of 338.9% from the October 31st total of 1,800 shares. Based on an average daily trading volume, of 419,200 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Vinci Stock Performance

VCISY opened at $25.64 on Friday. Vinci has a fifty-two week low of $25.40 and a fifty-two week high of $32.82. The company’s 50-day moving average is $28.05 and its 200 day moving average is $28.74.

Vinci Cuts Dividend

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

About Vinci

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.