Sodexo S.A. (OTCMKTS:SDXOF) Short Interest Update

Sodexo S.A. (OTCMKTS:SDXOF) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 77,100 shares, a drop of 46.3% from the August 31st total of 143,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 771.0 days.

Sodexo Price Performance

OTCMKTS SDXOF remained flat at $95.97 on Friday. The company’s 50 day moving average price is $94.38 and its 200 day moving average price is $88.81. Sodexo has a 1-year low of $78.80 and a 1-year high of $114.00.

Sodexo Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 29th. Stockholders of record on Wednesday, August 28th were given a dividend of $6.24 per share. This is a boost from Sodexo’s previous dividend of $2.00. The ex-dividend date of this dividend was Tuesday, August 27th. Sodexo’s payout ratio is presently 50.78%.

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.