Edenred SE (OTCMKTS:EDNMY) Short Interest Update

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

Edenred Trading Down 3.7 %

EDNMY stock traded down $0.60 during midday trading on Tuesday, reaching $15.60. 21,376 shares of the company’s stock traded hands, compared to its average volume of 9,047. The company has a 50-day moving average price of $15.86 and a two-hundred day moving average price of $18.32. Edenred has a 52 week low of $14.00 and a 52 week high of $32.15.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Edenred to a “hold” rating in a research note on Tuesday, October 15th.

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.