Sodexo S.A. (OTCMKTS:SDXAY) Short Interest Down 40.5% in December

Sodexo S.A. (OTCMKTS:SDXAY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 10,000 shares, a drop of 40.5% from the November 30th total of 16,800 shares. Based on an average trading volume of 121,200 shares, the short-interest ratio is currently 0.1 days.

Sodexo Price Performance

Shares of Sodexo stock traded up $0.09 during trading on Friday, reaching $16.38. 145,023 shares of the company’s stock were exchanged, compared to its average volume of 37,229. The firm’s 50-day moving average price is $16.96 and its 200 day moving average price is $17.56. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03. Sodexo has a 1-year low of $15.60 and a 1-year high of $25.00.

Sodexo Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th will be paid a dividend of $0.5696 per share. The ex-dividend date is Friday, December 20th.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Sodexo to a “strong-buy” rating in a research report on Monday, September 16th.

About Sodexo

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.