Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Up 345.6% in May

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 102,428 shares, an increase of 345.6% from the April 30th total of 22,985 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 174,251 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on SDXAY shares. Morgan Stanley reaffirmed an “underweight” rating on shares of Sodexo in a research note on Thursday, May 21st. Jefferies Financial Group raised shares of Sodexo from a “hold” rating to a “buy” rating in a research note on Monday, March 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Sodexo in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Sodexo Stock Up 1.2%

SDXAY opened at $11.11 on Friday. The company has a fifty day moving average of $10.27 and a 200 day moving average of $10.44. Sodexo has a fifty-two week low of $9.08 and a fifty-two week high of $13.94. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18.

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.