Short Interest in Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Grows By 88.9%

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 291,023 shares, an increase of 88.9% from the January 29th total of 154,055 shares. Based on an average daily volume of 2,082,905 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,082,905 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SDXAY. Citigroup cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Morgan Stanley cut Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. UBS Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Nine equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

Sodexo Price Performance

SDXAY opened at $11.04 on Friday. 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 stock has a 50-day moving average price of $10.50 and a 200-day moving average price of $11.30. Sodexo has a 12-month low of $9.68 and a 12-month high of $17.24.

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.