Edenred SE (OTCMKTS:EDNMY) Sees Significant Decrease in Short Interest

Edenred SE (OTCMKTS:EDNMY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,700 shares, a decline of 43.8% from the December 15th total of 4,800 shares. Based on an average trading volume of 238,800 shares, the days-to-cover ratio is currently 0.0 days.

Edenred Stock Down 3.7 %

EDNMY stock traded down $0.60 during midday trading on Tuesday, hitting $15.60. The company’s stock had a trading volume of 21,376 shares, compared to its average volume of 9,047. The stock’s 50-day moving average price is $15.86 and its 200 day moving average price is $18.32. Edenred has a 1 year low of $14.00 and a 1 year high of $32.15.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded Edenred to a “hold” rating in a report on Tuesday, October 15th.

Edenred Company Profile

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children’s educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.