Vinci SA (OTCMKTS:VCISY) Sees Large Increase in Short Interest

Vinci SA (OTCMKTS:VCISY) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 58,600 shares, a growth of 324.6% from the August 31st total of 13,800 shares. Based on an average daily volume of 347,300 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 347,300 shares, the days-to-cover ratio is currently 0.2 days.

Vinci Stock Performance

Shares of OTCMKTS VCISY opened at $34.59 on Friday. The firm’s 50-day simple moving average is $35.11 and its 200 day simple moving average is $34.95. 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 has a 12-month low of $25.08 and a 12-month high of $37.95.

Vinci Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Barclays reaffirmed an “overweight” rating on shares of Vinci in a report on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

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.