Edenred SE (OTCMKTS:EDNMY) Short Interest Down 43.8% in January

Edenred SE (OTCMKTS:EDNMY) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,700 shares, a decrease of 43.8% from the December 31st total of 4,800 shares. Based on an average daily volume of 238,800 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Barclays downgraded shares of Edenred from a “strong-buy” rating to a “hold” rating in a research report on Sunday. Citigroup raised shares of Edenred to a “hold” rating in a research report on Tuesday, October 15th.

Edenred Price Performance

EDNMY traded down $0.20 on Wednesday, reaching $16.80. The company had a trading volume of 15,613 shares, compared to its average volume of 6,866. Edenred has a 1 year low of $14.00 and a 1 year high of $30.75. The stock has a 50-day moving average price of $16.04 and a 200-day moving average price of $17.88.

Edenred Company Profile

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children’s educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.