Vinci SA (OTCMKTS:VCISY) Sees Large Increase in Short Interest

Vinci SA (OTCMKTS:VCISY) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 56,997 shares, an increase of 5,950.6% from the June 15th total of 942 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,828,671 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Several research analysts recently commented on VCISY shares. Erste Group Bank downgraded shares of Vinci from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Citigroup cut shares of Vinci from a “buy” rating to a “neutral” rating in a report on Wednesday, May 27th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Vinci Trading Down 0.6%

Shares of VCISY stock traded down $0.21 during trading hours on Friday, reaching $33.87. 183,034 shares of the company’s stock were exchanged, compared to its average volume of 240,666. Vinci has a fifty-two week low of $32.72 and a fifty-two week high of $42.10. The business has a fifty day moving average price of $36.41 and a 200-day moving average price of $37.13. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.87.

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.