Sodexo S.A. (OTCMKTS:SDXOF) Short Interest Down 27.0% in December

Sodexo S.A. (OTCMKTS:SDXOF) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 119,300 shares, a decline of 27.0% from the November 30th total of 163,400 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 238.6 days.

Sodexo Price Performance

SDXOF remained flat at $81.42 on Friday. The stock’s fifty day moving average price is $85.55 and its 200 day moving average price is $89.30. Sodexo has a 52-week low of $78.80 and a 52-week high of $114.00.

Sodexo Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Friday, December 20th were given a dividend of $2.65 per share. The ex-dividend date was Thursday, December 19th. Sodexo’s dividend payout ratio is presently 50.78%.

About Sodexo

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.