Vivendi SA (OTCMKTS:VIVHY) Sees Large Growth in Short Interest

Vivendi SA (OTCMKTS:VIVHY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 48,090 shares, an increase of 411.6% from the July 15th total of 9,400 shares. Based on an average daily volume of 386,166 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Vivendi Price Performance

Shares of OTCMKTS:VIVHY opened at $1.82 on Thursday. The company’s fifty day moving average is $2.24 and its two-hundred day moving average is $2.37. Vivendi has a 12-month low of $1.78 and a 12-month high of $3.69.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded Vivendi from a “hold” rating to a “buy” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Vivendi Company Profile

Vivendi is a French multinational conglomerate headquartered in Paris, primarily active in the media, entertainment and communications sectors. The company’s diversified portfolio encompasses music, television, film, video games and advertising, reflecting its evolution from a water utility to a global content powerhouse. Vivendi operates through major subsidiaries and associated businesses, positioning itself as a key player in the creation, distribution and promotion of creative content around the world.

In the music industry, Vivendi holds a significant stake in Universal Music Group, one of the world’s leading music enterprises.