Short Interest in Sodexo S.A. (OTCMKTS:SDXOF) Rises By 31.9%

Sodexo S.A. (OTCMKTS:SDXOF) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 143,500 shares, a growth of 31.9% from the August 15th total of 108,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,435.0 days.

Sodexo Stock Performance

SDXOF remained flat at $95.97 during trading on Monday. The firm has a 50 day moving average price of $92.51 and a 200 day moving average price of $87.95. Sodexo has a 12-month low of $78.80 and a 12-month high of $114.00.

Sodexo Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 29th. Shareholders of record on Wednesday, August 28th were issued a $6.24 dividend. The ex-dividend date was Tuesday, August 27th. This is a boost from Sodexo’s previous dividend of $2.00. Sodexo’s dividend payout ratio (DPR) 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.