Serco Group plc (OTCMKTS:SECCF) Short Interest Up 186.8% in September

Serco Group plc (OTCMKTS:SECCF) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 21,800 shares, an increase of 186.8% from the September 15th total of 7,600 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 72.7 days. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 72.7 days.

Serco Group Trading Up 8.5%

Serco Group stock opened at $3.45 on Tuesday. Serco Group has a 12-month low of $1.80 and a 12-month high of $3.45. The firm’s fifty day moving average is $3.11 and its 200 day moving average is $2.71.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Serco Group in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Serco Group Company Profile

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.