Johnson Service Group PLC (OTCMKTS:JSVGF) Sees Large Drop in Short Interest

Johnson Service Group PLC (OTCMKTS:JSVGF) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,278 shares, a drop of 41.3% from the June 30th total of 3,879 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Johnson Service Group Stock Performance

Johnson Service Group stock opened at $1.95 on Friday. Johnson Service Group has a 52-week low of $1.70 and a 52-week high of $2.05. The company’s 50 day moving average is $1.95 and its two-hundred day moving average is $1.88.

Analyst Ratings Changes

Separately, BNP Paribas Exane began coverage on Johnson Service Group in a research report on Monday, April 27th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Johnson Service Group currently has a consensus rating of “Moderate Buy”.

Johnson Service Group Company Profile

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates through two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment supplies workwear garments and protective wear, and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundering services. The Hotel, Restaurants and Catering segment offers linen services, including table linen, napkins, and chefs wear to the restaurant, catering, and hospitality market through the Afonwen, PLS, Stalbridge, South West Laundry, London Linen, and Fresh Linen brands.