Vinci SA (OTCMKTS:VCISY) Sees Significant Decline in Short Interest

Vinci SA (OTCMKTS:VCISY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 11,120 shares, a drop of 80.5% from the June 30th total of 56,997 shares. Based on an average daily volume of 387,306 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Vinci Price Performance

VCISY opened at $33.44 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.85 and a quick ratio of 0.82. Vinci has a 52-week low of $32.72 and a 52-week high of $42.10. The business’s fifty day moving average is $35.57 and its 200-day moving average is $37.00.

Analysts Set New Price Targets

Separately, Citigroup downgraded shares of Vinci from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently 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.