Edenred SE (OTCMKTS:EDNMY) Short Interest Up 212.5% in February

Edenred SE (OTCMKTS:EDNMY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,500 shares, a growth of 212.5% from the February 13th total of 800 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

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

Edenred Price Performance

Shares of EDNMY stock opened at $17.95 on Friday. Edenred has a 52-week low of $14.00 and a 52-week high of $27.70. The business has a 50-day simple moving average of $16.59 and a 200-day simple moving average of $17.10.

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.