ADECCO GROUP AG ORDINARY SHARES (OTCMKTS:AHEXF) Could Improve Your Long Portfolio After Less Shorts Reported

June 17, 2018 - By Adrian Mccoy

Adecco Group AG (OTCMKTS:AHEXF) Logo

The stock of ADECCO GROUP AG ORDINARY SHARES (OTCMKTS:AHEXF) registered a decrease of 22.27% in short interest. AHEXF’s total short interest was 138,600 shares in June as published by FINRA. Its down 22.27% from 178,300 shares, reported previously. With 100 shares average volume, it will take short sellers 1386 days to cover their AHEXF’s short positions.

It closed at $70.55 lastly. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company has market cap of $10.13 billion. The firm provides temporary staffing, permanent placement, and outsourcing services for clerical and support personnel in the areas of office employment; and candidates for blue collar job profiles across various industrial sectors under the Adecco brand. It has a 13.81 P/E ratio. It also offers professional staffing services in the information technology, and engineering and technical business lines primarily under the brand name of Modis; finance and legal business line under the Badenoch & Clark brand name; and medical and science business line.

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