Short Interest in Vinci SA (OTCMKTS:VCISY) Increases By 5,670.0%

Vinci SA (OTCMKTS:VCISYGet Rating) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 57,700 shares, a growth of 5,670.0% from the April 15th total of 1,000 shares. Based on an average daily trading volume, of 217,200 shares, the short-interest ratio is presently 0.3 days.

Shares of Vinci stock traded up $0.01 during trading hours on Wednesday, reaching $23.57. The stock had a trading volume of 240,869 shares, compared to its average volume of 131,746. The stock’s 50 day moving average is $24.60 and its 200 day moving average is $25.83. Vinci has a twelve month low of $21.71 and a twelve month high of $29.55. The company has a current ratio of 0.84, a quick ratio of 0.80 and a debt-to-equity ratio of 1.01.

The company also recently disclosed a dividend, which will be paid on Friday, May 13th. Shareholders of record on Monday, April 25th will be given a $0.469 dividend. The ex-dividend date is Friday, April 22nd. This represents a dividend yield of 2.49%. This is an increase from Vinci’s previous dividend of $0.12.

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Vinci from €113.00 ($118.95) to €114.00 ($120.00) in a research note on Tuesday, April 26th. Barclays upgraded shares of Vinci from an “equal weight” rating to an “overweight” rating in a research report on Thursday, January 13th. Stifel Nicolaus upgraded shares of Vinci from a “hold” rating to a “buy” rating in a research report on Friday, January 28th. Societe Generale initiated coverage on shares of Vinci in a research report on Wednesday, January 19th. They set a “buy” rating for the company. Finally, Citigroup initiated coverage on shares of Vinci in a research report on Monday, March 28th. They set a “buy” rating for the company. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $93.30.

About Vinci (Get Rating)

VINCI SA, together with its subsidiaries, operates in the concessions, energy, and construction segments primarily in France. It Concessions segment operates motorway concessions with a network of 4,419 kilometers in France; 45 airports; 4,437 kilometers of motorways; highways, railways, and 4 stadiums, as well as operates airports in France and in 11 other countries.

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