Serco Group plc (OTCMKTS:SECCF – Get Free Report) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 3,000 shares, an increase of 25.0% from the May 15th total of 2,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 15.0 days.
Wall Street Analyst Weigh In
Separately, Citigroup reiterated a “buy” rating on shares of Serco Group in a report on Monday, March 3rd.
View Our Latest Stock Analysis on SECCF
Serco Group Stock Down 3.8%
About Serco Group
Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.
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