Edenred (OTCMKTS:EDNMY) Short Interest Update

Edenred (OTCMKTS:EDNMY) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 2,922 shares, a growth of 292,100.0% from the December 31st total of 1 shares. Based on an average daily volume of 132,765 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 132,765 shares, the short-interest ratio is presently 0.0 days.

Edenred Price Performance

EDNMY stock opened at $10.23 on Wednesday. Edenred has a 1-year low of $9.80 and a 1-year high of $19.00. The business’s 50 day simple moving average is $10.75 and its 200 day simple moving average is $12.62.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Citigroup reissued a “neutral” rating on shares of Edenred in a research report on Wednesday, October 22nd. Zacks Research lowered shares of Edenred from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Finally, UBS Group downgraded shares of Edenred to a “neutral” rating in a research note on Friday. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

About Edenred

Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.

The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.