Vicat S.A. (OTCMKTS:SDCVF) Short Interest Down 89.4% in June

Vicat S.A. (OTCMKTS:SDCVF) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 35 shares, a decline of 89.4% from the June 15th total of 331 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Analysts Set New Price Targets

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

Vicat Price Performance

OTCMKTS SDCVF remained flat at $83.00 on Friday. The company has a fifty day moving average of $83.00 and a 200-day moving average of $84.59. Vicat has a fifty-two week low of $70.00 and a fifty-two week high of $88.71.

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.