Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,800 shares, an increase of 132.0% from the February 28th total of 2,500 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is currently 1.1 days.

Serco Group Stock Performance

Shares of OTCMKTS:SECCF opened at $2.08 on Friday. Serco Group has a 52 week low of $1.80 and a 52 week high of $2.46. The company has a 50-day moving average price of $2.03 and a 200 day moving average price of $2.10.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “buy” rating on shares of Serco Group in a research report on Monday, March 3rd.

About Serco Group

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.