Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 10,845 shares, a drop of 53.8% from the January 15th total of 23,487 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 10,845.0 days. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 10,845.0 days.

Analysts Set New Price Targets

Several research analysts recently issued reports on SECCF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Serco Group in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Serco Group in a research report on Tuesday, January 6th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Serco Group Price Performance

Shares of SECCF remained flat at $3.54 during trading hours on Friday. The firm’s 50 day moving average price is $3.53 and its 200-day moving average price is $3.29. Serco Group has a one year low of $1.80 and a one year high of $3.78.

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.