Vicat S.A. (OTCMKTS:SDCVF) Short Interest Up 845.7% in June

Vicat S.A. (OTCMKTS:SDCVF) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 331 shares, an increase of 845.7% from the May 31st total of 35 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Vicat Stock Performance

Shares of OTCMKTS:SDCVF opened at $83.00 on Friday. Vicat has a 12-month low of $70.00 and a 12-month high of $88.71. The business’s fifty day simple moving average is $83.00 and its 200-day simple moving average is $84.52.

Wall Street Analysts Forecast Growth

Separately, Citigroup restated a “neutral” rating on shares of Vicat in a report on Thursday, May 28th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Vicat Company Profile

Vicat is a France-based building materials group specializing in the manufacture and distribution of cement, ready-mix concrete, aggregates and specialized construction products. The company’s operations span the full value chain of hydraulic binders, from quarrying and raw-material processing to large-scale production facilities and on-site deliveries. In addition to standard cement and concrete offerings, Vicat provides tailored solutions for infrastructure, housing, industrial projects and environmental works, including mortars, gypsum-based products and admixtures.

Founded in 1853 by Joseph Vicat—son of renowned engineer Louis Vicat—the company pioneered early developments in hydraulic binders and has remained under family influence for much of its history.