Short Interest in Serco Group plc (OTCMKTS:SECCF) Declines By 77.1%

Serco Group plc (OTCMKTS:SECCF) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 2,471 shares, a decline of 77.1% from the February 12th total of 10,803 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SECCF shares. Royal Bank Of Canada restated an “outperform” rating on shares of Serco Group in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Serco Group in a report on Tuesday, January 6th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Serco Group Stock Performance

Shares of Serco Group stock remained flat at $4.30 during mid-day trading on Tuesday. Serco Group has a 1 year low of $1.80 and a 1 year high of $4.30. The company’s 50 day simple moving average is $3.60 and its 200-day simple moving average is $3.38.

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.