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

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 22,985 shares, a drop of 87.2% from the April 15th total of 179,175 shares. Based on an average trading volume of 182,202 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded shares of Sodexo from a “hold” rating to a “buy” rating in a report on Monday, March 30th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Sodexo Price Performance

Shares of OTCMKTS:SDXAY traded up $0.35 during trading on Wednesday, hitting $10.80. 63,567 shares of the company’s stock traded hands, compared to its average volume of 261,882. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average price of $10.15 and a 200-day moving average price of $10.48. Sodexo has a 52 week low of $9.08 and a 52 week high of $13.95.

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.