Edenred (OTCMKTS:EDNMY) Short Interest Update

Edenred (OTCMKTS:EDNMY) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 339 shares. Based on an average daily volume of 12,380 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on EDNMY shares. Morgan Stanley reiterated an “overweight” rating on shares of Edenred in a research report on Monday, September 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Edenred in a report on Monday, August 3rd. Citigroup reiterated a “neutral” rating on shares of Edenred in a report on Thursday, July 30th. Jefferies Financial Group reissued a “hold” rating on shares of Edenred in a research report on Wednesday, June 10th. Finally, Zacks Research raised shares of Edenred from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Edenred currently has an average rating of “Moderate Buy”.

Edenred Price Performance

Shares of OTCMKTS:EDNMY remained flat at $16.00 during midday trading on Tuesday. 1,811 shares of the stock were exchanged, compared to its average volume of 32,346. The business has a 50-day moving average of $16.50 and a 200 day moving average of $13.69. Edenred has a 12-month low of $8.60 and a 12-month high of $17.80.

Edenred Company Profile

Edenred SE is a France-based provider of employee benefits, mobility solutions and corporate payment services. The company helps employers manage benefits and expenses while giving employees access to services such as meal programs, gift cards and other workplace rewards.

Its product portfolio includes meal and food vouchers, employee engagement and incentive solutions, fleet and fuel cards, vehicle maintenance services, business travel and expense-management tools, and virtual payment solutions.