Short Interest in Johnson Service Group PLC (OTCMKTS:JSVGF) Declines By 70.0%

Johnson Service Group PLC (OTCMKTS:JSVGF) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,879 shares, a drop of 70.0% from the June 15th total of 12,928 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Johnson Service Group Price Performance

Shares of Johnson Service Group stock remained flat at $1.95 on Friday. The company’s 50-day simple moving average is $1.90 and its 200 day simple moving average is $1.88. Johnson Service Group has a 52 week low of $1.70 and a 52 week high of $2.05.

Analyst Upgrades and Downgrades

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