Serco Group plc (OTCMKTS:SECCF – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 2,500 shares, a decline of 75.0% from the February 13th total of 10,000 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 0.6 days.
Wall Street Analyst Weigh In
Separately, Citigroup reissued a “buy” rating on shares of Serco Group in a research note on Monday, March 3rd.
Read Our Latest Research Report on SECCF
Serco Group Price Performance
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.
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