Elior Group SA (OTCMKTS:ELROF) Short Interest Down 77.9% in June

Elior Group SA (OTCMKTS:ELROF) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 86,005 shares, a drop of 77.9% from the June 15th total of 389,874 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Elior Group Stock Performance

OTCMKTS:ELROF remained flat at $3.33 during midday trading on Friday. Elior Group has a 12 month low of $2.43 and a 12 month high of $3.33. The company has a 50 day moving average of $3.33 and a 200-day moving average of $3.33.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded shares of Elior Group to a “neutral” rating in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Elior Group has a consensus rating of “Hold”.

About Elior Group

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.