Sodexo S.A. (OTCMKTS:SDXAY) Sees Significant Decline in Short Interest

Sodexo S.A. (OTCMKTS:SDXAY - Get Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,000 shares, a decline of 96.9% from the March 15th total of 32,100 shares. Based on an average daily trading volume, of 48,600 shares, the days-to-cover ratio is presently 0.0 days.

Sodexo Trading Down 0.7 %

OTCMKTS:SDXAY traded down $0.12 during trading hours on Thursday, hitting $16.43. 25,129 shares of the stock traded hands, compared to its average volume of 16,597. The firm has a 50 day moving average price of $19.47 and a 200 day moving average price of $20.90. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.16 and a quick ratio of 1.13. Sodexo has a fifty-two week low of $16.07 and a fifty-two week high of $25.00.

Sodexo Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 14th. Shareholders of record on Thursday, March 7th were paid a dividend of $5.8045 per share. This is an increase from Sodexo's previous dividend of $0.40. This represents a yield of 27.61%. The ex-dividend date of this dividend was Wednesday, March 6th.

About Sodexo

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.

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