Edenred SE (OTCMKTS:EDNMY) Short Interest Down 88.0% in March

Edenred SE (OTCMKTS:EDNMY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 88.0% from the February 28th total of 2,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.0 days.

Edenred Price Performance

Edenred stock traded up $0.40 during mid-day trading on Thursday, reaching $17.20. The company had a trading volume of 1,004 shares, compared to its average volume of 5,948. The company has a 50 day moving average of $16.80 and a 200-day moving average of $16.88. Edenred has a 52 week low of $14.00 and a 52 week high of $27.70.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of Edenred from a “strong-buy” rating to a “hold” rating in a research note on Sunday, January 26th.

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.