Vivendi SA (OTCMKTS:VIVHY) Short Interest Up 411.6% in July

Vivendi SA (OTCMKTS:VIVHY) saw a large increase in short interest in 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 trading volume, of 386,166 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Vivendi Stock Performance

Vivendi stock opened at $1.82 on Friday. The business has a 50 day simple moving average of $2.23 and a 200 day simple moving average of $2.36. Vivendi has a one year low of $1.78 and a one year high of $3.68.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded shares of 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, According to data from MarketBeat, Vivendi presently has a consensus rating of “Buy”.

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.