Short Interest in Vivendi SA (OTCMKTS:VIVHY) Drops By 80.5%

Vivendi SA (OTCMKTS:VIVHY) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 9,400 shares, a decrease of 80.5% from the July 30th total of 48,090 shares. Based on an average trading volume of 382,982 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised Vivendi from a “hold” rating to a “buy” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

Vivendi Stock Performance

Shares of Vivendi stock opened at $1.86 on Thursday. The company has a fifty day simple moving average of $2.13 and a 200-day simple moving average of $2.31. Vivendi has a 12-month low of $1.78 and a 12-month high of $3.68.

About Vivendi

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.