Serco Group plc (OTCMKTS:SECCF – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 22,046 shares, a growth of 541.2% from the May 31st total of 3,438 shares. Based on an average daily trading volume, of 85 shares, the days-to-cover ratio is presently 259.4 days.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas Exane started coverage on shares of Serco Group in a research report on Monday, April 27th. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Serco Group currently has a consensus rating of “Hold”.
Get Our Latest Analysis on SECCF
Serco Group Price Performance
About Serco Group
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.
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