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

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

Analysts Set New Price Targets

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 investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Vivendi currently has an average rating of “Buy”.

Vivendi Stock Up 1.2%

OTCMKTS:VIVHY opened at $2.49 on Friday. The firm’s fifty day moving average is $2.49 and its two-hundred day moving average is $2.51. Vivendi has a one year low of $1.87 and a one year high of $4.16.

Vivendi Company Profile

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.