Sopra Steria Group SA (OTCMKTS:SPSAF) Sees Significant Increase in Short Interest

Sopra Steria Group SA (OTCMKTS:SPSAF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 28th total of 100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Sopra Steria Group Price Performance

Shares of OTCMKTS:SPSAF remained flat at $172.29 during trading on Friday. Sopra Steria Group has a one year low of $172.29 and a one year high of $209.00. The business has a 50-day simple moving average of $172.29 and a 200-day simple moving average of $187.54.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein began coverage on shares of Sopra Steria Group in a research report on Wednesday, March 5th. They set an “outperform” rating for the company.

About Sopra Steria Group

Sopra Steria Group SA provides consulting, digital, and software development services in France and internationally. It operates through five segments: France, United Kingdom, Other Europe, Sopra Banking Software, and Other Solutions. The company offers digital transformation consulting services; artificial intelligence; technology services in the field of artificial intelligence, blockchain, cloud, data, internet of things, digital interactions, emerging technologies, 5G design center, industrial metaverse, and intelligent process automation; systems integration comprising smart application modernization and product lifecycle management; infrastructure management services, including consulting, cloud, end-user support, digital workplace, and legacy services; and cybersecurity services.