Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Update

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 48,013 shares, a decline of 42.5% from the July 15th total of 83,568 shares. Based on an average daily volume of 71,753 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a report on Friday, July 3rd. Citigroup reiterated a “neutral” rating on shares of Sodexo in a research note on Tuesday, July 14th. Morgan Stanley restated an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Sodexo presently has a consensus rating of “Hold”.

Sodexo Trading Down 0.4%

Shares of SDXAY stock traded down $0.05 during mid-day trading on Monday, reaching $12.99. The stock had a trading volume of 8,829 shares, compared to its average volume of 196,014. Sodexo has a 12-month low of $9.08 and a 12-month high of $13.29. The business has a 50-day simple moving average of $12.25 and a 200 day simple moving average of $11.13.

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.