Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Update

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 82,350 shares, a decrease of 65.5% from the June 15th total of 238,858 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 267,619 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

SDXAY has been the subject of several recent analyst reports. Citigroup restated a “neutral” rating on shares of Sodexo in a research note on Wednesday, May 20th. Morgan Stanley reissued an “underweight” rating on shares of Sodexo in a report on Tuesday, July 7th. Jefferies Financial Group upgraded shares of Sodexo from a “hold” rating to a “buy” rating in a research report on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Sodexo Price Performance

Shares of SDXAY stock opened at $12.01 on Monday. The business’s fifty day moving average price is $11.27 and its 200 day moving average price is $10.66. Sodexo has a 1-year low of $9.08 and a 1-year high of $13.22.

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.