Vicat S.A. (OTCMKTS:SDCVF) Short Interest Down 89.4% in June

Vicat S.A. (OTCMKTS:SDCVF) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 35 shares, a decline of 89.4% from the June 15th total of 331 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “neutral” rating on shares of Vicat in a report on Thursday, May 28th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Vicat Stock Performance

Shares of Vicat stock remained flat at $83.00 during trading on Friday. Vicat has a 52-week low of $70.00 and a 52-week high of $88.71. The company’s 50-day moving average is $83.00 and its 200-day moving average is $84.60.

Vicat Company Profile

Vicat is a France-based building materials group specializing in the manufacture and distribution of cement, ready-mix concrete, aggregates and specialized construction products. The company’s operations span the full value chain of hydraulic binders, from quarrying and raw-material processing to large-scale production facilities and on-site deliveries. In addition to standard cement and concrete offerings, Vicat provides tailored solutions for infrastructure, housing, industrial projects and environmental works, including mortars, gypsum-based products and admixtures.

Founded in 1853 by Joseph Vicat—son of renowned engineer Louis Vicat—the company pioneered early developments in hydraulic binders and has remained under family influence for much of its history.