Short Interest in Serco Group plc (OTCMKTS:SECCF) Declines By 38.0%

Serco Group plc (OTCMKTS:SECCF) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 11,100 shares, a drop of 38.0% from the September 30th total of 17,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 111.0 days.

Serco Group Stock Performance

Shares of OTCMKTS:SECCF opened at $2.22 on Friday. The stock’s fifty day simple moving average is $2.35 and its two-hundred day simple moving average is $2.31. Serco Group has a 1-year low of $1.68 and a 1-year high of $2.46.

About Serco Group

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.