Short Interest in Vinci SA (OTCMKTS:VCISY) Declines By 96.2%

Vinci SA (OTCMKTS:VCISY) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 300 shares, a decline of 96.2% from the November 15th total of 7,900 shares. Based on an average trading volume of 322,700 shares, the short-interest ratio is currently 0.0 days.

Vinci Trading Down 0.9 %

OTCMKTS VCISY traded down $0.23 during trading hours on Friday, hitting $26.22. 207,266 shares of the company were exchanged, compared to its average volume of 213,573. The stock has a 50-day moving average price of $27.32 and a 200 day moving average price of $28.39. Vinci has a 52 week low of $25.31 and a 52 week high of $32.82.

Vinci Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were issued a dividend of $0.2897 per share. The ex-dividend date was Tuesday, October 15th.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded Vinci to a “moderate buy” rating in a research note on Tuesday, November 12th.

About Vinci

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.