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

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a significant increase in short interest during 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. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,082,905 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 2,082,905 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Sodexo Stock Down 1.0%

Shares of SDXAY stock opened at $11.04 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. The stock has a 50-day moving average of $10.50 and a 200-day moving average of $11.29. Sodexo has a one year low of $9.68 and a one year high of $17.24.

Analysts Set New Price Targets

A number of brokerages recently commented on SDXAY. UBS Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Morgan Stanley downgraded shares of Sodexo from an “overweight” rating to an “underweight” rating in a research note on Wednesday, January 7th. Finally, Citigroup lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Nine research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Sodexo currently has an average rating of “Reduce”.

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.