Sodexo S.A. (OTCMKTS:SDXOF) Sees Significant Decrease in Short Interest

Sodexo S.A. (OTCMKTS:SDXOF) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 119,300 shares, a decline of 27.0% from the November 30th total of 163,400 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 238.6 days.

Sodexo Stock Performance

SDXOF remained flat at $81.42 during mid-day trading on Monday. The company has a 50 day simple moving average of $85.52 and a 200-day simple moving average of $89.14. Sodexo has a 52-week low of $78.80 and a 52-week high of $114.00.

Sodexo Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Friday, December 20th were issued a $2.65 dividend. The ex-dividend date of this dividend was Thursday, December 19th. Sodexo’s dividend payout ratio (DPR) is currently 50.78%.

About Sodexo

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.