Vusion Stock Drops Nearly 3% and Loses 12% Over the Week, High Shorts
The Nanterre-based specialist in electronic labels falls back in mid-afternoon, in a declining Parisian market. The stock is among the most penalized in the SBF 120 and erases part of the rebound that began at the end of May. Short positions remain high on the stock.
The Stock Falls Below Its Moving Averages and Moves Away from Recent Peak at €147
Vusion's stock drops 2.78% to €122.20 during the session, while the SBF 120 is down 0.43%. This movement brings the weekly decline to 12.02%, which is most of the drop since breaking through the €147 resistance in early June. The stock is now below its MM20 (€136.34, a gap of -10.37%) and its MM50 (€127.98, a gap of -4.52%), a double crossover that reflects the breakdown of the short-term dynamic.
The RSI at 43 remains neutral but is sliding towards the lower zone, while the support at €115.70 identified in the data becomes more relevant as the price approaches it. However, the stock still maintains a gain of 7.48% over three months, a legacy of the rebound following the upgrade by BNP Paribas Exane at the end of May. The extension of the partnership with Jysk, announced on June 16, which plans the deployment of Vusion solutions in 750 new European sales points, has not been enough to stop the profit-taking movement that started since.
Short Positions Slightly Decrease but Remain High on the Capital
According to reviewed statements, eight funds accumulate a net short position of 6.04% of the capital, down 0.89 points over thirty days (6.93% a month ago). The level remains high in absolute terms: it indicates that several institutional managers maintain a bearish bet or significant coverage on the stock, even though the stock has regained ground since April. The slight decrease over the month suggests a gradual lightening without capitulation from the sellers.
This structurally high short positioning continues to amplify the volatility of the sessions, without it being a directional signal in the short term. Over one year, the stock still shows a decline of 53.14%, reflecting the significant drop accumulated over the period. The support at €115.70 is now the next technical reference on the current trajectory.