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

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 48,013 shares, a decline of 42.5% from the July 15th total of 83,568 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 71,753 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analyst Weigh In

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

Sodexo Stock Down 0.4%

OTCMKTS:SDXAY traded down $0.05 during mid-day trading on Monday, hitting $12.99. The stock had a trading volume of 8,829 shares, compared to its average volume of 196,014. Sodexo has a twelve month low of $9.08 and a twelve month high of $13.29. The stock has a 50-day simple moving average of $12.25 and a two-hundred day simple moving average of $11.13.

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.