Sodexo S.A. (OTCMKTS:SDXOF) Sees Significant Growth in Short Interest
by Scott Moore · The Cerbat GemSodexo S.A. (OTCMKTS:SDXOF – Get Free Report) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 450,596 shares, an increase of 74.8% from the January 29th total of 257,776 shares. Based on an average daily volume of 655 shares, the days-to-cover ratio is presently 687.9 days. Based on an average daily volume of 655 shares, the days-to-cover ratio is presently 687.9 days.
Sodexo Stock Performance
OTCMKTS SDXOF opened at $55.93 on Monday. Sodexo has a twelve month low of $47.50 and a twelve month high of $79.81. The firm has a 50-day simple moving average of $52.59 and a 200 day simple moving average of $56.19.
Sodexo Company Profile
Sodexo is a global leader in food services and facilities management, delivering integrated solutions that enhance the quality of life for its clients and the people they serve. The company’s business activities span corporate dining, education catering, healthcare and senior living services, remote site management for energy and resources, as well as employee engagement and recognition programs.
Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown into a multinational organization operating in more than 50 countries.