Vusion's Stock Continues Its Recovery, Short Sellers Hold Steady
The stock of the Nanterre-based electronic label specialist continues its mid-session recovery in a rising Parisian market. After several weeks of gradual improvement, the stock is experiencing a more favorable short-term dynamic, though it has not offset the decline accumulated over the year.
Vusion Up 3.58% to €130.30, Among the Top Gainers in the SBF 120
Vusion has risen by 3.58% to €130.30 at midday, marking one of the strongest gains in the SBF 120, which is up by 0.54%. The CAC 40 is also up, by 0.51%, at 8,127.41 points. This movement extends the bullish trend observed since the low on May 15, when the stock had fallen to €121.40. Over the week, the stock has gained 4.91%, and 6.72% over three months. However, the annual decline remains significant, at nearly 34%. The stock has significantly surpassed its 50-day moving average (MM50) at €117.01, with a positive gap of 11.36%, after having already crossed the 20-day moving average (MM20) at €125.21 last week. The RSI at 55 indicates a measured dynamic, without excess. The next technical milestone identified is at €147.00, while the 200-day moving average (MM200) at €179.13 remains far off (the stock is trading 27.26% below it), indicating that the medium-term trend is still deteriorated.
High Short Positions Still Held in Capital, Despite Price Recovery
According to reviewed declarations, nine funds cumulatively hold 6.93% of the capital sold short, a level nearly stable over thirty days (-0.04 points from 6.97% a month ago). This stock of short positions remains high in absolute terms and reflects a significant portion of institutional players positioned against the stock or covering an existing exposure. The stability of this figure over a month suggests that the recent price recovery has not, at this stage, triggered any significant unwinding movement. This parameter should be monitored without overinterpreting it based solely on today's movement. As a reminder, the quarterly revenue published on April 23 showed a growth of 34%, supporting the rebound observed since. The company was also recognized in late April as one of the ten most influential companies in retail by TIME Magazine. The next technical milestone to watch remains the potential crossing of the €147.00 resistance threshold.
