Edenred (OTCMKTS:EDNMY) Short Interest Up 292,100.0% in January

Edenred (OTCMKTS:EDNMY) was the recipient of a significant growth in short interest in 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. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 132,765 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 132,765 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

EDNMY has been the subject of a number of research analyst reports. Zacks Research lowered Edenred from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. UBS Group lowered Edenred to a “neutral” rating in a research note on Friday, January 23rd. Finally, Citigroup restated a “neutral” rating on shares of Edenred in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Edenred Stock Performance

Edenred stock opened at $10.43 on Thursday. The business has a fifty day moving average of $10.75 and a two-hundred day moving average of $12.60. Edenred has a twelve month low of $9.80 and a twelve month high of $19.00.

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.