Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Down 87.2% in April

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 22,985 shares, a decline of 87.2% from the April 15th total of 179,175 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 182,202 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised shares of Sodexo from a “hold” rating to a “buy” rating in a research report on Monday, March 30th. One equities research 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. Based on data from MarketBeat, Sodexo currently has an average rating of “Hold”.

Sodexo Stock Up 2.4%

Shares of SDXAY opened at $10.29 on Tuesday. Sodexo has a 1 year low of $9.08 and a 1 year high of $13.95. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08. The stock’s fifty day moving average price is $10.16 and its two-hundred day moving average price is $10.50.

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.