Edenred SE (OTCMKTS:EDNMY) Sees Large Decline in Short Interest

Edenred SE (OTCMKTS:EDNMY - Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a decrease of 95.5% from the January 15th total of 2,200 shares. Based on an average daily trading volume, of 17,100 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Barclays downgraded Edenred from a "strong-buy" rating to a "hold" rating in a report on Sunday, January 26th.

Edenred Stock Up 0.1 %

Shares of Edenred stock traded up $0.01 on Friday, hitting $17.26. The stock had a trading volume of 948 shares, compared to its average volume of 7,182. Edenred has a one year low of $14.00 and a one year high of $30.75. The stock's 50-day simple moving average is $16.32 and its two-hundred day simple moving average is $17.48.

About Edenred

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.