Short Interest in Vivendi SA (OTCMKTS:VIVHY) Rises By 70.6%

Vivendi SA (OTCMKTS:VIVHY) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 16,037 shares, a growth of 70.6% from the December 31st total of 9,400 shares. Based on an average daily trading volume, of 50,863 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 50,863 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets reiterated a “hold” rating on shares of Vivendi in a report on Monday, December 1st. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Vivendi has an average rating of “Hold”.

Vivendi Stock Down 0.4%

Vivendi stock opened at $2.75 on Friday. The business has a 50 day moving average price of $2.75 and a two-hundred day moving average price of $3.26. Vivendi has a 12 month low of $2.46 and a 12 month high of $9.20.

Vivendi Company Profile

Vivendi is a French multinational conglomerate headquartered in Paris, primarily active in the media, entertainment and communications sectors. The company’s diversified portfolio encompasses music, television, film, video games and advertising, reflecting its evolution from a water utility to a global content powerhouse. Vivendi operates through major subsidiaries and associated businesses, positioning itself as a key player in the creation, distribution and promotion of creative content around the world.

In the music industry, Vivendi holds a significant stake in Universal Music Group, one of the world’s leading music enterprises.