Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Stock Short Interest Jumps 323.1%

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 31,279 shares, an increase of 323.1% from the August 31st total of 7,393 shares. Based on an average daily volume of 49,183 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Sodexo Stock Up 2.3%

Shares of SDXAY traded up $0.29 during mid-day trading on Friday, reaching $13.06. 24,265 shares of the stock traded hands, compared to its average volume of 25,367. The firm has a fifty day moving average price of $13.08 and a 200 day moving average price of $11.61. Sodexo has a 1 year low of $9.08 and a 1 year high of $13.69.

Analyst Ratings Changes

A number of analysts have commented on SDXAY shares. Royal Bank Of Canada restated a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Sodexo in a report on Friday, July 3rd. Morgan Stanley reissued an “underweight” rating on shares of Sodexo in a research report on Tuesday, July 7th. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research note on Friday, September 18th. Finally, Citigroup reiterated a “neutral” rating on shares of Sodexo in a report on Wednesday, September 9th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Sodexo currently has a consensus rating of “Hold”.

About Sodexo

Sodexo (OTCMKTS:SDXAY) is a France-based provider of food services and facilities management. The company serves organizations across the corporate, healthcare, education, government, energy and resources, sports, and leisure sectors.

Its services include on-site catering, dining and hospitality, workplace and building management, cleaning, maintenance, reception, security, and other integrated support services. Sodexo also operates Sodexo Live!, which provides food, hospitality, and event-management services for venues and major events.

Founded in 1966 by Pierre Bellon, Sodexo has expanded from its French roots into an international business serving clients in markets across the Americas, Europe, Asia-Pacific, and other regions.