Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,073 shares, a decline of 79.1% from the July 30th total of 5,125 shares. Based on an average daily trading volume, of 4 shares, the days-to-cover ratio is currently 268.2 days.

Serco Group Price Performance

Shares of SECCF stock remained flat at $3.19 on Thursday. Serco Group has a 52-week low of $2.66 and a 52-week high of $4.37. The stock has a 50-day moving average of $3.14 and a 200-day moving average of $3.51.

Wall Street Analyst Weigh In

SECCF has been the subject of a number of recent research reports. Citigroup restated a “buy” rating on shares of Serco Group in a research note on Friday, August 7th. BNP Paribas Exane raised Serco Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, August 12th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Serco Group presently has a consensus rating of “Moderate Buy”.

Serco Group Company Profile

Serco Group plc is a UK-based provider of public services and infrastructure management solutions, serving governments and private sector organizations around the world. The company offers end-to-end delivery of mission-critical services, combining operational expertise with technology and consultancy capabilities to support defense, security, transport, health, and citizen services.

In the defense and security sector, Serco delivers training, simulation, and logistics support to armed forces and intelligence agencies.