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

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

Analysts Set New Price Targets

VCISY has been the subject of a number of analyst reports. Citigroup cut shares of Vinci from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 27th. Erste Group Bank downgraded shares of Vinci from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Vinci currently has an average rating of “Moderate Buy”.

Vinci Stock Down 0.6%

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

Vinci Company Profile

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.