Short Interest in Vinci SA (OTCMKTS:VCISY) Drops By 90.5%

Vinci SA (OTCMKTS:VCISY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 6,482 shares, a decline of 90.5% from the May 14th total of 68,321 shares. Based on an average trading volume of 320,515 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Vinci Stock Performance

Shares of OTCMKTS VCISY traded down $0.14 during midday trading on Tuesday, hitting $35.48. 341,289 shares of the company’s stock were exchanged, compared to its average volume of 158,204. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.82 and a current ratio of 0.85. The stock’s 50 day moving average price is $37.53 and its 200-day moving average price is $36.92. Vinci has a twelve month low of $32.72 and a twelve month high of $42.10.

Analysts Set New Price Targets

A number of brokerages have commented on VCISY. Citigroup downgraded Vinci from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 27th. Royal Bank Of Canada restated an “outperform” rating on shares of Vinci in a research note on Thursday, February 12th. Finally, Erste Group Bank downgraded Vinci from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

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.