Edenred SE (OTCMKTS:EDNMY) Short Interest Update

Edenred SE (OTCMKTS:EDNMY) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 88.0% from the February 28th total of 2,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Barclays downgraded shares of Edenred from a “strong-buy” rating to a “hold” rating in a report on Sunday, January 26th.

Edenred Stock Up 2.4 %

Shares of Edenred stock traded up $0.40 on Friday, reaching $17.20. 1,004 shares of the company traded hands, compared to its average volume of 5,948. The company has a 50 day moving average of $16.86 and a 200 day moving average of $16.88. Edenred has a 52 week low of $14.00 and a 52 week high of $27.70.

Edenred Company Profile

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children’s educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.