Vivendi SA (OTCMKTS:VIVHY) Sees Significant Drop in Short Interest

Vivendi SA (OTCMKTS:VIVHY) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 9,400 shares, a decline of 96.0% from the August 31st total of 237,390 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 568,721 shares, the days-to-cover ratio is currently 0.0 days.

Vivendi Trading Up 1.9%

Shares of OTCMKTS:VIVHY traded up $0.03 on Thursday, hitting $1.64. 38,076 shares of the company were exchanged, compared to its average volume of 125,430. Vivendi has a 1-year low of $1.61 and a 1-year high of $3.66. The stock’s 50 day moving average price is $1.86 and its 200 day moving average price is $2.19.

Analyst Upgrades and Downgrades

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

About Vivendi

Vivendi SE is a French media, culture and communications group with activities spanning content creation, entertainment, publishing and related services. The company’s portfolio has historically included Canal+, Havas, Lagardère, Prisma Media, Gameloft, Newen Studios and Vivendi Village, with operations serving audiences, businesses and creators across Europe and international markets.

Vivendi’s businesses have been involved in pay television and streaming, film and television production, advertising and communications, magazine publishing, book publishing, video games, live entertainment and cultural venues.