Johnson Service Group PLC (OTCMKTS:JSVGF) Shares Shorted: Short Interest Down 82.8% in October

Johnson Service Group PLC (OTCMKTS:JSVGF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,329 shares, a drop of 82.8% from the September 30th total of 7,724 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Johnson Service Group Stock Performance

Shares of OTCMKTS:JSVGF opened at $1.80 on Tuesday. Johnson Service Group has a 1 year low of $1.80 and a 1 year high of $1.91. The stock has a 50-day simple moving average of $1.86 and a 200-day simple moving average of $1.88.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Johnson Service Group in a report on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

About Johnson Service Group

Johnson Service Group plc is a United Kingdom-based provider of textile rental and related services. The company supplies, launders and maintains textiles and workwear for business customers, allowing organizations to outsource the management, cleaning and replacement of these items.

Its services include workwear rental for industrial, commercial and service-sector employees, as well as the provision of linen and other textile products to hotels, restaurants, healthcare organizations and other hospitality customers.