Edenred SE (OTCMKTS:EDNMY) Sees Large Decline in Short Interest

Edenred SE (OTCMKTS:EDNMY) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totalling 300 shares, a decline of 84.2% from the June 15th total of 1,900 shares. Based on an average trading volume of 89,900 shares, the short-interest ratio is currently 0.0 days.

Edenred Price Performance

EDNMY traded up $0.43 during midday trading on Friday, reaching $22.45. The company’s stock had a trading volume of 9,269 shares, compared to its average volume of 48,753. The stock’s 50-day moving average is $23.46 and its 200-day moving average is $26.20. Edenred has a 1 year low of $20.80 and a 1 year high of $33.35.

Edenred Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 27th. Investors of record on Friday, June 7th were paid a $0.5924 dividend. The ex-dividend date was Friday, June 7th. This is an increase from Edenred’s previous dividend of $0.41.

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.