Short Interest in Vivendi SA (OTCMKTS:VIVHY) Rises By 2,425.4%

by · The Markets Daily

Vivendi SA (OTCMKTS:VIVHY – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 237,390 shares, a growth of 2,425.4% from the August 15th total of 9,400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 705,867 shares, the days-to-cover ratio is presently 0.3 days.

Vivendi Price Performance

Shares of OTCMKTS VIVHY traded down $0.04 during midday trading on Thursday, hitting $1.64. 219,329 shares of the stock traded hands, compared to its average volume of 127,271. The firm has a 50-day moving average of $1.99 and a two-hundred day moving average of $2.25. Vivendi has a one year low of $1.64 and a one year high of $3.66.

Analysts Set New Price Targets

Separately, Kepler Capital Markets downgraded Vivendi from a “strong-buy” rating to a “hold” rating in a report on Friday, September 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Vivendi currently has an average rating of “Hold”.

Check Out Our Latest Research Report on VIVHY

About Vivendi

(Get Free Report)

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.

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