Short Interest in Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Grows By 73.8%

Key Points

• Sodexo S.A. experienced a notable increase in short interest, growing by 73.8% in August, totaling 24,500 shares as of August 15th.
• The company's stock rose by 0.9% to a price of $12.30, with a 1-year price range between $11.56 and $17.99.
• Sodexo provides a variety of services, including food services and facilities management, across sectors such as corporate, healthcare, and education globally.

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY - Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 24,500 shares, an increase of 73.8% from the July 31st total of 14,100 shares. Based on an average daily volume of 82,000 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 82,000 shares, the days-to-cover ratio is presently 0.3 days.

Sodexo Price Performance

SDXAY traded up $0.10 on Thursday, hitting $12.27. The company's stock had a trading volume of 13,735 shares, compared to its average volume of 27,885. Sodexo has a 12 month low of $11.56 and a 12 month high of $17.99. The company has a quick ratio of 1.02, a current ratio of 1.08 and a debt-to-equity ratio of 1.17. The company's 50 day simple moving average is $12.15 and its 200-day simple moving average is $12.93.

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.