Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Up 345.6% in May

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAYGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 102,428 shares, an increase of 345.6% from the April 30th total of 22,985 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 174,251 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SDXAY. Citigroup reiterated a “neutral” rating on shares of Sodexo in a research report on Wednesday, May 20th. Morgan Stanley reaffirmed an “underweight” rating on shares of Sodexo in a research note on Thursday, May 21st. Finally, Jefferies Financial Group raised Sodexo from a “hold” rating to a “buy” rating in a research note on Monday, March 30th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

View Our Latest Research Report on Sodexo

Sodexo Stock Up 2.8%

Shares of SDXAY stock opened at $10.98 on Friday. The business’s fifty day moving average is $10.24 and its 200 day moving average is $10.44. Sodexo has a twelve month low of $9.08 and a twelve month high of $13.94. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18.

Sodexo Company Profile

(Get Free Report)

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.

Further Reading

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