Vinci SA (OTCMKTS:VCISY) Sees Significant Drop in Short Interest

Vinci SA (OTCMKTS:VCISY) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 37,200 shares, a decrease of 60.3% from the March 31st total of 93,600 shares. Based on an average daily volume of 326,600 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Vinci Stock Performance

VCISY opened at $35.05 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.86. The business’s 50 day moving average is $31.74 and its 200-day moving average is $28.52. Vinci has a twelve month low of $25.08 and a twelve month high of $35.05.

Vinci Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Monday, April 21st will be given a dividend of $0.9994 per share. The ex-dividend date of this dividend is Monday, April 21st. This is a positive change from Vinci’s previous dividend of $0.29.

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.