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

Vinci SA (OTCMKTS:VCISY) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 62,444 shares, a decrease of 51.1% from the November 30th total of 127,718 shares. Based on an average daily trading volume, of 235,998 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 235,998 shares, the short-interest ratio is currently 0.3 days.

Vinci Stock Up 0.2%

VCISY opened at $35.26 on Friday. Vinci has a fifty-two week low of $25.08 and a fifty-two week high of $37.95. The company’s 50-day moving average is $34.67 and its 200 day moving average is $35.19. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.83 and a quick ratio of 0.80.

Vinci Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, October 13th were issued a $0.1949 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a dividend yield of 290.0%.

Analysts Set New Price Targets

Several research firms have recently commented on VCISY. Barclays reissued an “overweight” rating on shares of Vinci in a research report on Monday, September 8th. Zacks Research lowered Vinci from a “hold” rating to a “strong sell” rating in a report on Monday, December 8th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vinci has an average rating of “Hold”.

About Vinci

Vinci (OTCMKTS: VCISY) is a France-based integrated concessions and construction company that develops, finances, builds and operates infrastructure and facilities. The group’s activities span large-scale civil engineering and building projects, operation of transport infrastructure, and specialist energy and technical services. Vinci serves public and private clients with capabilities across the full project lifecycle, from design and construction to long-term asset management and operation.

Vinci’s principal business lines include construction (building, civil engineering and major projects), energy and information & communication technology services, and concessions.