Short Interest in Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Decreases By 42.5%

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAYGet Free Report) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 48,013 shares, a decline of 42.5% from the July 15th total of 83,568 shares. Based on an average trading volume of 71,753 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of equities analysts have weighed in on SDXAY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. Citigroup reaffirmed a “neutral” rating on shares of Sodexo in a report on Tuesday, July 14th. Morgan Stanley reiterated an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a report on Monday, July 20th. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Get Our Latest Analysis on Sodexo

Sodexo Stock Performance

Shares of OTCMKTS SDXAY opened at $12.87 on Wednesday. Sodexo has a 52 week low of $9.08 and a 52 week high of $13.29. The business has a 50-day simple moving average of $12.31 and a two-hundred day simple moving average of $11.17.

About Sodexo

(Get Free Report)

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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