Sodexo S.A. (OTCMKTS:SDXAY – Get Free Report) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 15,600 shares, a drop of 67.2% from the October 15th total of 47,600 shares. Based on an average daily volume of 112,000 shares, the short-interest ratio is currently 0.1 days.
Analyst Upgrades and Downgrades
Separately, Citigroup upgraded Sodexo to a “strong-buy” rating in a report on Monday, September 16th.
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Sodexo Trading Down 2.8 %
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.
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