Short Interest in Vivendi SA (OTCMKTS:VIVHY) Increases By 2,425.4%

Vivendi SA (OTCMKTS:VIVHY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 237,390 shares, an increase of 2,425.4% from the August 15th total of 9,400 shares. Based on an average trading volume of 705,867 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Vivendi Stock Up 5.5%

Shares of VIVHY stock opened at $1.73 on Friday. Vivendi has a fifty-two week low of $1.64 and a fifty-two week high of $3.66. The stock’s 50-day moving average is $1.96 and its two-hundred day moving average is $2.24.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets cut shares of Vivendi from a “strong-buy” rating to a “hold” rating in a report on Friday, September 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Vivendi currently has an average rating of “Hold”.

About Vivendi

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.