Edenred SE (OTCMKTS:EDNMY) Sees Significant Decrease in Short Interest

Edenred SE (OTCMKTS:EDNMY) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 300 shares, a decrease of 88.0% from the February 28th total of 2,500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 10,200 shares, the days-to-cover ratio is presently 0.0 days.

Edenred Stock Performance

Shares of OTCMKTS EDNMY traded up $0.40 during mid-day trading on Thursday, hitting $17.20. 1,004 shares of the stock were exchanged, compared to its average volume of 5,948. Edenred has a twelve month low of $14.00 and a twelve month high of $27.70. The stock’s fifty day simple moving average is $16.80 and its two-hundred day simple moving average is $16.88.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded shares of Edenred from a “strong-buy” rating to a “hold” rating in a research note on Sunday, January 26th.

Edenred Company Profile

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children’s educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.