Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Up 70.9% in January

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 154,055 shares, a growth of 70.9% from the January 15th total of 90,161 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 215,019 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 215,019 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SDXAY shares. Citigroup downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Berenberg Bank cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Morgan Stanley downgraded Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. Zacks Research upgraded shares of Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, Kepler Capital Markets lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Sodexo Price Performance

OTCMKTS:SDXAY opened at $11.23 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. Sodexo has a 1-year low of $9.68 and a 1-year high of $17.24. The company has a 50-day moving average of $10.39 and a 200 day moving average of $11.35.

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.