Short Interest in Johnson Service Group PLC (OTCMKTS:JSVGF) Drops By 41.3%

Johnson Service Group PLC (OTCMKTS:JSVGF) saw a significant 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 daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Johnson Service Group Price Performance

Shares of JSVGF stock remained flat at $1.95 on Friday. The company’s 50 day moving average is $1.95 and its two-hundred day moving average is $1.88. Johnson Service Group has a twelve month low of $1.70 and a twelve month high of $2.05.

Wall Street Analyst Weigh In

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

About Johnson Service Group

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.