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

Key Points

• Short interest plunged 86.3% during March to 16,436 shares (from 120,162 on March 15), leaving a days-to-cover of 0.1 and effectively 0.0% of shares short.
• Analysts maintain a consensus Hold on Sodexo (1 Buy, 5 Hold, 1 Sell), with Jefferies recently upgrading to Buy while Morgan Stanley downgraded to Underweight.
• Shares traded at $9.46 midday on heavy volume (836,554 vs. average 305,942), near the 12‑month low of $9.23 and below the 50‑ and 200‑day moving averages (~$10.59 and $10.90).

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 16,436 shares, a decrease of 86.3% from the March 15th total of 120,162 shares. Based on an average daily volume of 241,921 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of research firms have commented on SDXAY. Zacks Research upgraded shares of Sodexo from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 23rd. Morgan Stanley downgraded shares of Sodexo from an "overweight" rating to an "underweight" rating in a research note on Wednesday, January 7th. Finally, Jefferies Financial Group upgraded Sodexo from a "hold" rating to a "buy" rating in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Sodexo currently has a consensus rating of "Hold".

Sodexo Price Performance

OTCMKTS:SDXAY traded down $1.07 during midday trading on Friday, reaching $9.46. The stock had a trading volume of 836,554 shares, compared to its average volume of 305,942. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08. The firm has a fifty day simple moving average of $10.59 and a two-hundred day simple moving average of $10.90. Sodexo has a 12-month low of $9.23 and a 12-month high of $13.95.

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.

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