Vivendi SA (OTCMKTS:VIVHY) Short Interest Down 79.0% in June

Vivendi SA (OTCMKTS:VIVHY) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 9,400 shares, a drop of 79.0% from the May 31st total of 44,690 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 197,501 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised shares of Vivendi from a “hold” rating to a “buy” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Vivendi Price Performance

OTCMKTS VIVHY opened at $2.49 on Friday. The stock’s fifty day moving average price is $2.49 and its 200 day moving average price is $2.51. Vivendi has a 1 year low of $1.87 and a 1 year high of $4.16.

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.