Short Interest in Vinci SA (OTCMKTS:VCISY) Drops By 87.4%

Key Points

• Vinci SA experienced a significant decline in short interest, dropping by 87.4% in August, with only 13,800 shares short sold by the end of the month.
• The company's stock is currently rated as a "Buy" by analysts, with Barclays reaffirming an "overweight" rating recently.
• Vinci's stock price reached $34.69, with the company's 50-day moving average at $35.80 and a 12-month high of $37.95.

Vinci SA (OTCMKTS:VCISY - Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 13,800 shares, a decline of 87.4% from the August 15th total of 109,500 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 330,100 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 330,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Wall Street Analysts Forecast Growth

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

Vinci Price Performance

OTCMKTS:VCISY traded down $0.13 during mid-day trading on Tuesday, hitting $35.08. 187,248 shares of the company's stock were exchanged, compared to its average volume of 231,359. Vinci has a one year low of $25.08 and a one year high of $37.95. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 0.86. The business has a fifty day moving average price of $35.70 and a 200 day moving average price of $34.70.

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.