Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Stock Short Interest Declines 85.7%

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 5,560 shares, a drop of 85.7% from the October 15th total of 38,959 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 223,126 shares, the short-interest ratio is currently 0.0 days.

Sodexo Stock Performance

Sodexo stock traded down $0.03 during mid-day trading on Thursday, hitting $13.49. 545,128 shares of the company were exchanged, compared to its average volume of 155,579. The business has a fifty day moving average of $12.92 and a 200 day moving average of $11.69. Sodexo has a 1-year low of $9.08 and a 1-year high of $13.76.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on SDXAY shares. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a research report on Friday, September 18th. Citigroup restated a “neutral” rating on shares of Sodexo in a research note on Monday, October 26th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Sodexo Company Profile

Sodexo is a France-based provider of food services and facilities management. It prepares and serves meals and supports clients with services such as building maintenance, cleaning, reception, and workplace operations. The company serves organizations across a range of sectors, including business and industry, healthcare, education, sports and leisure, and government. Its operations span multiple countries, with services tailored to the needs of workplaces, schools, hospitals, and other institutions.