Short Interest in Edenred SE (OTCMKTS:EDNMY) Increases By 212.5%

Edenred SE (OTCMKTS:EDNMY) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,500 shares, an increase of 212.5% from the February 13th total of 800 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

Edenred Trading Down 3.2 %

Shares of EDNMY traded down $0.60 during mid-day trading on Thursday, reaching $18.00. The company had a trading volume of 1,991 shares, compared to its average volume of 5,904. The company’s 50-day moving average is $16.55 and its 200-day moving average is $17.10. Edenred has a twelve month low of $14.00 and a twelve month high of $27.70.

About Edenred

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.