Short Interest in SSP Group (OTCMKTS:SSPPF) Drops By 31.5%

SSP Group (OTCMKTS:SSPPF) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 71,884 shares, a drop of 31.5% from the November 30th total of 105,004 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 549 shares, the short-interest ratio is presently 130.9 days. Based on an average trading volume of 549 shares, the short-interest ratio is presently 130.9 days. Currently, 0.0% of the company’s stock are sold short.

SSP Group Stock Performance

SSPPF stock opened at $2.50 on Tuesday. SSP Group has a 1-year low of $1.71 and a 1-year high of $2.55. The firm has a fifty day moving average price of $2.03 and a two-hundred day moving average price of $2.15. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 6.39.

Analyst Upgrades and Downgrades

Separately, UBS Group reaffirmed a “neutral” rating on shares of SSP Group in a research report on Monday, December 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About SSP Group

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.