What’s Propelling ADECCO GROUP AG ORDINARY SHARES (OTCMKTS:AHEXF) After Higher Shorts Reported?

April 17, 2018 - By Winifred Garcia

Adecco Group AG (OTCMKTS:AHEXF) Logo

The stock of ADECCO GROUP AG ORDINARY SHARES (OTCMKTS:AHEXF) registered an increase of 1.77% in short interest. AHEXF’s total short interest was 207,400 shares in April as published by FINRA. Its up 1.77% from 203,800 shares, reported previously. With 300 shares average volume, it will take short sellers 691 days to cover their AHEXF’s short positions.

The stock decreased 4.73% or $3.5 during the last trading session, reaching $70.55. About 450 shares traded or 1945.45% up from the average. Adecco Group AG (OTCMKTS:AHEXF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company has market cap of $11.13 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 12.31 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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