Elior Group SA (OTCMKTS:ELROF) Short Interest Up 58.5% in May

Elior Group SA (OTCMKTS:ELROF) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 297,358 shares, a growth 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 presently ∞ days.

Analysts Set New Price Targets

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

Elior Group Stock Performance

ELROF stock opened at $3.33 on Wednesday. The stock has a fifty day moving average of $3.33 and a 200-day moving average of $3.33. Elior Group has a fifty-two week low of $2.43 and a fifty-two week high 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.