Serco Group plc (OTCMKTS:SECCF) Short Interest Up 25.0% in May

Serco Group plc (OTCMKTS:SECCF) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 3,000 shares, a growth of 25.0% from the May 15th total of 2,400 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 15.0 days.

Serco Group Trading Down 3.8%

Shares of OTCMKTS SECCF opened at $2.54 on Thursday. The stock has a 50 day simple moving average of $2.33 and a 200-day simple moving average of $2.12. Serco Group has a 12-month low of $1.80 and a 12-month high of $2.64.

Analyst Ratings Changes

Separately, Citigroup reiterated a “buy” rating on shares of Serco Group in a research report on Monday, March 3rd.

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.