Short Interest in Elior Group SA (OTCMKTS:ELROF) Grows By 58.5%

Elior Group SA (OTCMKTS:ELROF) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 297,358 shares, an increase of 58.5% from the May 14th total of 187,641 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Analysts Set New Price Targets

Separately, Citigroup cut shares of Elior Group to a “neutral” rating in a report on Tuesday, May 26th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Elior Group Price Performance

OTCMKTS:ELROF remained flat at $3.33 during mid-day trading on Tuesday. Elior Group has a 1 year low of $2.43 and a 1 year high of $3.33. The stock has a 50 day moving average price of $3.33 and a two-hundred day moving average price of $3.33.

Elior Group Company Profile

Elior Group is a multinational provider of contract catering and support services, serving a diverse range of sectors including corporate, education, healthcare and leisure. The company offers onsite food services, vending solutions, hospitality management and integrated facility services such as cleaning, housekeeping and maintenance. Its business model emphasizes tailored service delivery, combining local market insights with standardized processes to meet the specific needs of clients in each industry segment.

Operating in Europe, North America, South America and India, Elior Group maintains a global footprint through regional business units that adapt its core offerings to local tastes and regulatory environments.