Short Interest in Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Rises By 70.9%

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 154,055 shares, a growth of 70.9% from the January 15th total of 90,161 shares. Based on an average trading volume of 215,019 shares, the days-to-cover ratio is presently 0.7 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 trading volume of 215,019 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SDXAY shares. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Morgan Stanley cut shares of Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Berenberg Bank cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. UBS Group downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Finally, Kepler Capital Markets cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Nine investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Sodexo currently has a consensus rating of “Reduce”.

Sodexo Price Performance

Shares of SDXAY stock opened at $11.23 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 company has a 50 day moving average price of $10.39 and a 200-day moving average price of $11.36. Sodexo has a 52 week low of $9.68 and a 52 week 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.