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

Vivendi SA (OTCMKTS:VIVHY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 17,234 shares, a growth of 83.3% from the September 15th total of 9,400 shares. Based on an average daily trading volume, of 147,950 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Vivendi Price Performance

Shares of VIVHY opened at $1.67 on Friday. The firm has a 50-day moving average of $1.72 and a 200-day moving average of $2.13. Vivendi has a one year low of $1.52 and a one year high of $3.66.

Analysts Set New Price Targets

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

Vivendi Company Profile

Vivendi SE is a French media and entertainment group with activities spanning content creation, publishing, communications and cultural services. The company’s businesses have included television and film production and distribution, pay television, music, video games, advertising, publishing and live entertainment. Its operations and investments serve audiences and clients in Europe and other international markets.

Vivendi’s principal businesses have historically included Canal+, a provider of premium television and streaming content; Havas, a global advertising and communications network; and Lagardère, whose activities include publishing, retail and travel services.