Vicat S.A. (OTCMKTS:SDCVF) Short Interest Up 845.7% in June

Vicat S.A. (OTCMKTS:SDCVF) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 331 shares, a growth of 845.7% from the May 31st total of 35 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Vicat Stock Performance

SDCVF stock opened at $83.00 on Friday. Vicat has a 52-week low of $70.00 and a 52-week high of $88.71. The stock’s fifty day simple moving average is $83.00 and its 200-day simple moving average is $84.53.

Analysts Set New Price Targets

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

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.