Short Interest in Vivendi SA (OTCMKTS:VIVHY) Decreases By 64.7%

Vivendi SA (OTCMKTS:VIVHY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 15,426 shares, a drop of 64.7% from the November 30th total of 43,691 shares. Based on an average daily trading volume, of 42,491 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 42,491 shares, the days-to-cover ratio is currently 0.4 days.

Vivendi Stock Performance

OTCMKTS VIVHY opened at $2.73 on Friday. The stock’s 50 day simple moving average is $3.06 and its 200 day simple moving average is $3.35. Vivendi has a one year low of $2.46 and a one year high of $9.20.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets reiterated a “hold” rating on shares of Vivendi in a research note on Monday, December 1st. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Vivendi 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.