Vinci SA (OTCMKTS:VCISY) Short Interest Down 70.0% in September

Vinci SA (OTCMKTS:VCISY) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 17,600 shares, a drop of 70.0% from the September 15th total of 58,600 shares. Based on an average daily volume of 345,300 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 345,300 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Barclays restated an “overweight” rating on shares of Vinci in a report on Monday, September 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Vinci Stock Performance

Shares of Vinci stock opened at $35.58 on Friday. The company’s fifty day simple moving average is $34.89 and its 200-day simple moving average is $35.11. Vinci has a 1-year low of $25.08 and a 1-year high of $37.95. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.89.

Vinci Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, October 13th will be paid a dividend of $0.1949 per share. This represents a dividend yield of 290.0%. The ex-dividend date is Friday, October 10th.

Vinci Company Profile

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.