Sodexo S.A. (OTCMKTS:SDXOF – Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totalling 77,100 shares, a decline of 46.3% from the August 31st total of 143,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 771.0 days.
Sodexo Price Performance
Shares of OTCMKTS SDXOF remained flat at $95.97 during midday trading on Thursday. Sodexo has a one year low of $78.80 and a one year high of $114.00. The business’s 50-day simple moving average is $94.00 and its two-hundred day simple moving average is $88.67.
Sodexo Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, August 29th. Stockholders of record on Wednesday, August 28th were given a $6.24 dividend. This is an increase 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%.
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.
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