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

Vinci SA (OTCMKTS:VCISY) was the recipient 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 trading volume, of 345,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 345,300 shares, the days-to-cover ratio is presently 0.1 days.

Vinci Trading Up 0.4%

OTCMKTS:VCISY opened at $35.58 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.80 and a current ratio of 0.83. Vinci has a 52 week low of $25.08 and a 52 week high of $37.95. The stock’s fifty day moving average is $34.89 and its two-hundred day moving average is $35.15.

Vinci Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Barclays reiterated an “overweight” rating on shares of Vinci in a research report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Vinci presently has an average 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.