Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 24,897 shares, a decline of 41.8% from the December 15th total of 42,781 shares. Based on an average daily trading volume, of 625 shares, the days-to-cover ratio is presently 39.8 days. Based on an average daily trading volume, of 625 shares, the days-to-cover ratio is presently 39.8 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Serco Group in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Serco Group currently has a consensus rating of “Moderate Buy”.

Serco Group Price Performance

OTCMKTS:SECCF remained flat at $3.54 during trading hours on Thursday. The business has a fifty day moving average price of $3.44 and a 200-day moving average price of $3.18. Serco Group has a fifty-two week low of $1.80 and a fifty-two week high of $3.78.

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.