Short Interest in Sodexo S.A. (OTCMKTS:SDXAY) Declines By 40.5%

Sodexo S.A. (OTCMKTS:SDXAY) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 10,000 shares, a decrease of 40.5% from the November 30th total of 16,800 shares. Based on an average trading volume of 121,200 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Sodexo to a “strong-buy” rating in a research note on Monday, September 16th.

Sodexo Stock Up 0.6 %

OTCMKTS:SDXAY traded up $0.09 during trading hours on Friday, reaching $16.38. 145,023 shares of the company were exchanged, compared to its average volume of 37,229. The business has a 50 day moving average of $16.96 and a 200 day moving average of $17.56. Sodexo has a 1-year low of $15.60 and a 1-year high of $25.00. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21.

Sodexo Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be issued a dividend of $0.5696 per share. The ex-dividend date of this dividend is Friday, December 20th.

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.