Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Sees Large Decrease in Short Interest

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 30,367 shares, a decline of 36.8% from the July 30th total of 48,013 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 289,753 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of analysts recently commented on SDXAY shares. Citigroup restated a “neutral” rating on shares of Sodexo in a research note on Tuesday, July 14th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. Morgan Stanley reaffirmed an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a research note on Friday, July 3rd. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Sodexo presently has a consensus rating of “Hold”.

Sodexo Price Performance

Shares of OTCMKTS:SDXAY opened at $13.42 on Tuesday. The stock’s 50-day simple moving average is $12.60 and its two-hundred day simple moving average is $11.33. Sodexo has a 52-week low of $9.08 and a 52-week high of $13.69.

About Sodexo

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.