Adecco Group AG (OTCMKTS:AHEXY) Short Interest Down 71.0% in June

Adecco Group AG (OTCMKTS:AHEXY) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 4,700 shares, a decline of 71.0% from the May 31st total of 16,200 shares. Based on an average daily volume of 31,900 shares, the days-to-cover ratio is presently 0.1 days.

Adecco Group Stock Performance

OTCMKTS:AHEXY traded down $0.57 during midday trading on Thursday, reaching $16.69. 24,906 shares of the company traded hands, compared to its average volume of 21,455. Adecco Group has a twelve month low of $15.89 and a twelve month high of $24.70. The firm has a market capitalization of $5.62 billion, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 0.70 and a beta of 1.47. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.07. The company has a fifty day moving average price of $18.31 and a 200 day moving average price of $20.20.

Adecco Group (OTCMKTS:AHEXY) last announced its quarterly earnings data on Tuesday, May 7th. The business services provider reported $0.32 earnings per share for the quarter. The business had revenue of $6.21 billion during the quarter. Adecco Group had a return on equity of 13.24% and a net margin of 1.29%. On average, analysts expect that Adecco Group will post 1.7 EPS for the current fiscal year.

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.