Vivendi SE (OTCMKTS:VIVHY) Short Interest Down 84.1% in May

Vivendi SE (OTCMKTS:VIVHY) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 10,800 shares, a decrease of 84.1% from the May 15th total of 68,100 shares. Based on an average daily volume of 238,700 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Vivendi Stock Performance

OTCMKTS:VIVHY opened at $3.31 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.72 and a quick ratio of 0.64. The stock’s 50 day simple moving average is $3.04 and its 200-day simple moving average is $5.13. Vivendi has a 12-month low of $2.46 and a 12-month high of $12.05.

Vivendi Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, May 23rd. Shareholders of record on Thursday, May 1st were given a dividend of $0.0317 per share. This represents a yield of 1.13%. The ex-dividend date of this dividend was Wednesday, April 30th.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised Vivendi to a “hold” rating in a report on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vivendi in a research report on Wednesday, March 26th.

About Vivendi

Vivendi SE operates as an entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Canal+ Group, Lagardère, Havas, Prisma Media, Gameloft, Vivendi Village, New Initiatives, and Generosity and Solidarity segments. The Canal+ Group segment publishes and distributes premium and thematic pay-TV and free-to-air channels; and produces, sells, and distributes movies and TV series.