Sodexo S.A. (OTCMKTS:SDXOF) Short Interest Down 22.3% in October

Sodexo S.A. (OTCMKTS:SDXOF) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 44,900 shares, a drop of 22.3% from the October 15th total of 57,800 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 56.1 days.

Sodexo Price Performance

Shares of OTCMKTS SDXOF remained flat at $88.72 during mid-day trading on Friday. The stock had a trading volume of 74 shares, compared to its average volume of 1,077. The stock has a 50 day moving average price of $88.22 and a 200-day moving average price of $89.61. Sodexo has a 12 month low of $78.80 and a 12 month high of $114.00.

Sodexo Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, August 29th. Shareholders 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 dividend payout ratio (DPR) is currently 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.