Sodexo S.A. (OTCMKTS:SDXOF – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 57,800 shares, a decrease of 19.8% from the September 30th total of 72,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 578.0 days.
Sodexo Price Performance
Shares of SDXOF stock remained flat at $86.45 during trading hours on Friday. Sodexo has a one year low of $78.80 and a one year high of $114.00. The stock’s 50-day simple moving average is $90.67 and its 200 day simple moving average is $89.01.
Sodexo Increases Dividend
The company also recently declared 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 positive change from Sodexo’s previous dividend of $2.00. The ex-dividend date was Tuesday, August 27th. Sodexo’s dividend payout ratio (DPR) is currently 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.
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