Vivendi SA (OTCMKTS:VIVHY) Sees Significant Growth in Short Interest

Vivendi SA (OTCMKTS:VIVHY) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 15,574 shares, a growth of 22.4% from the February 26th total of 12,726 shares. Based on an average daily trading volume, of 50,993 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Vivendi Price Performance

Shares of OTCMKTS VIVHY opened at $1.89 on Monday. Vivendi has a twelve month low of $1.87 and a twelve month high of $4.16. The business has a fifty day simple moving average of $2.46 and a two-hundred day simple moving average of $2.89.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets restated a “hold” rating on shares of Vivendi in a research note on Monday, December 1st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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.