Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Up 44.6% in December

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 76,496 shares, an increase of 44.6% from the December 15th total of 52,907 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 130,409 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 130,409 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SDXAY shares. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. UBS Group lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Berenberg Bank cut Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Morgan Stanley downgraded Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Finally, Citigroup cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Ten analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

Sodexo Stock Performance

OTCMKTS SDXAY traded down $0.02 during trading on Friday, reaching $9.74. 80,798 shares of the company’s stock were exchanged, compared to its average volume of 84,743. Sodexo has a fifty-two week low of $9.68 and a fifty-two week high of $17.24. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18. The company’s fifty day simple moving average is $10.46 and its 200-day simple moving average is $11.58.

Sodexo Company Profile

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.