Serco Group plc (OTCMKTS:SECCF) Short Interest Down 41.8% in December

Serco Group plc (OTCMKTS:SECCF) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 24,897 shares, a decrease of 41.8% from the December 15th total of 42,781 shares. Based on an average daily volume of 625 shares, the short-interest ratio is presently 39.8 days. Based on an average daily volume of 625 shares, the short-interest ratio is presently 39.8 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Serco Group in a research report on Tuesday, January 6th. 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 MarketBeat, Serco Group currently has a consensus rating of “Moderate Buy”.

Serco Group Stock Performance

OTCMKTS:SECCF opened at $3.54 on Friday. Serco Group has a one year low of $1.80 and a one year high of $3.78. The stock has a 50-day simple moving average of $3.44 and a 200 day simple moving average of $3.18.

Serco Group Company Profile

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.