Short Interest in Serco Group plc (OTCMKTS:SECCF) Expands By 39.0%

Serco Group plc (OTCMKTS:SECCF) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 30,300 shares, an increase of 39.0% from the September 30th total of 21,800 shares. Based on an average trading volume of 900 shares, the short-interest ratio is currently 33.7 days. Based on an average trading volume of 900 shares, the short-interest ratio is currently 33.7 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Serco Group in a report on Friday, August 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Serco Group Price Performance

Shares of OTCMKTS SECCF opened at $3.38 on Tuesday. The stock has a fifty day simple moving average of $3.17 and a two-hundred day simple moving average of $2.80. Serco Group has a 1-year low of $1.80 and a 1-year high of $3.50.

Serco Group Company Profile

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.