Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Up 55.3% in March

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 120,162 shares, a growth of 55.3% from the February 26th total of 77,398 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 374,720 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. UBS Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, Morgan Stanley cut shares of Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Sodexo Trading Down 0.5%

SDXAY stock opened at $9.78 on Friday. Sodexo has a fifty-two week low of $9.53 and a fifty-two week high of $13.95. The business’s 50 day moving average price is $10.51 and its two-hundred day moving average price is $11.01. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18.

About Sodexo

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.