Vinci SA (OTCMKTS:VCISY) Short Interest Down 70.0% in September

Key Points

• Vinci SA experienced a significant drop in short interest, decreasing by 70.0% in September, with a total of 17,600 shares shorted as of September 30th.
• Barclays reaffirmed an "overweight" rating for Vinci, contributing to an overall average rating of "Buy" among analysts.
• The company announced a dividend payout of $0.1949 per share scheduled for October 31st, with a dividend yield of 290.0%.

Vinci SA (OTCMKTS:VCISY - Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 17,600 shares, a drop of 70.0% from the September 15th total of 58,600 shares. Based on an average daily volume of 345,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 345,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Barclays reaffirmed an "overweight" rating on shares of Vinci in a research note on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy".

Vinci Stock Performance

OTCMKTS:VCISY opened at $35.58 on Friday. The company's 50 day moving average price is $34.89 and its 200-day moving average price is $35.11. Vinci has a 52 week low of $25.08 and a 52 week high of $37.95. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.89.

Vinci Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, October 13th will be issued a dividend of $0.1949 per share. The ex-dividend date is Friday, October 10th. This represents a dividend yield of 290.0%.

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.

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