Short Interest in SSP Group (OTCMKTS:SSPPF) Decreases By 45.0%

SSP Group (OTCMKTS:SSPPF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 134,231 shares, a decline of 45.0% from the June 15th total of 244,040 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SSP Group Price Performance

Shares of SSPPF stock opened at $2.16 on Thursday. The stock’s 50-day simple moving average is $2.15 and its 200-day simple moving average is $2.38. SSP Group has a fifty-two week low of $1.71 and a fifty-two week high of $2.56.

Analyst Ratings Changes

Separately, UBS Group cut shares of SSP Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, SSP Group has an average rating of “Hold”.

SSP Group Company Profile

SSP Group is a leading operator of food and beverage concessions in travel locations worldwide. The company designs, manages and operates branded and independent restaurants, bars, cafés and kiosks across airports, railway stations, motorway service stations and cultural attractions. Its portfolio encompasses both proprietary concepts and partnerships with major global food and beverage brands, offering tailored dining experiences for travellers.

Headquartered in London, UK, SSP Group traces its roots to Travellers Fare, founded in the 1960s, and was formally established as SSP Group following a spin-off from Compass Group in 2006.