Short Interest in Sodexo S.A. (OTCMKTS:SDXAY) Declines By 88.0%

Sodexo S.A. (OTCMKTS:SDXAY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,200 shares, a decrease of 88.0% from the December 31st total of 10,000 shares. Based on an average daily volume of 93,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, BNP Paribas cut shares of Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th.

Sodexo Price Performance

OTCMKTS:SDXAY traded down $0.06 during trading hours on Tuesday, hitting $14.90. The company’s stock had a trading volume of 46,384 shares, compared to its average volume of 125,623. Sodexo has a 52-week low of $14.20 and a 52-week high of $25.00. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21. The business’s 50-day moving average is $16.04 and its two-hundred day moving average is $17.14.

Sodexo Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were given a dividend of $0.5696 per share. The ex-dividend date of this dividend was Friday, December 20th.

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.