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

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 trading volume, of 419,200 shares, the short-interest ratio is currently 0.0 days.

Vinci Trading Down 1.4 %

VCISY stock traded down $0.37 on Wednesday, hitting $25.82. The company had a trading volume of 199,755 shares, compared to its average volume of 181,231. The stock’s 50-day simple moving average is $28.26 and its 200 day simple moving average is $28.79. Vinci has a 12-month low of $25.40 and a 12-month high of $32.82.

Vinci Cuts Dividend

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

Analyst Ratings Changes

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

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.