Sodexo S.A. (OTCMKTS:SDXAY) Short Interest Up 2,405.3% in October

Sodexo S.A. (OTCMKTS:SDXAY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 47,600 shares, an increase of 2,405.3% from the September 30th total of 1,900 shares. Based on an average daily trading volume, of 141,000 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Citigroup raised shares of Sodexo to a “strong-buy” rating in a research report on Monday, September 16th.

Sodexo Stock Performance

Shares of SDXAY traded down $0.24 during midday trading on Friday, hitting $17.37. The stock had a trading volume of 18,446 shares, compared to its average volume of 34,110. The company has a 50 day simple moving average of $17.45 and a two-hundred day simple moving average of $17.80. Sodexo has a twelve month low of $15.97 and a twelve month high of $25.00.

Sodexo Company Profile

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.