Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 22,046 shares, an increase of 541.2% from the May 31st total of 3,438 shares. Based on an average daily volume of 85 shares, the days-to-cover ratio is currently 259.4 days.

Analyst Ratings Changes

Separately, BNP Paribas Exane began coverage on shares of Serco Group in a research report on Monday, April 27th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Serco Group Stock Performance

OTCMKTS:SECCF remained flat at $3.07 during trading hours on Friday. The stock has a fifty day moving average of $3.54 and a 200-day moving average of $3.64. Serco Group has a 12 month low of $2.66 and a 12 month high of $4.37.

About Serco Group

Serco Group plc is a UK-based provider of public services and infrastructure management solutions, serving governments and private sector organizations around the world. The company offers end-to-end delivery of mission-critical services, combining operational expertise with technology and consultancy capabilities to support defense, security, transport, health, and citizen services.

In the defense and security sector, Serco delivers training, simulation, and logistics support to armed forces and intelligence agencies.