Sodexo S.A. (OTCMKTS:SDXOF) Sees Large Drop in Short Interest

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

Sodexo Stock Performance

Shares of SDXOF stock remained flat at $81.42 on Friday. Sodexo has a 1-year low of $78.80 and a 1-year high of $114.00. The company’s 50-day moving average price is $85.55 and its two-hundred day moving average price is $89.27.

Sodexo Cuts Dividend

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

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.