Short Interest in Johnson Service Group PLC (OTCMKTS:JSVGF) Declines By 70.0%

Johnson Service Group PLC (OTCMKTS:JSVGF) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 3,879 shares, a drop of 70.0% from the June 15th total of 12,928 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days.

Johnson Service Group Price Performance

Shares of OTCMKTS:JSVGF remained flat at $1.95 during trading on Friday. Johnson Service Group has a 12-month low of $1.70 and a 12-month high of $2.05. The firm’s 50-day simple moving average is $1.90 and its two-hundred day simple moving average is $1.88.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas Exane initiated coverage on Johnson Service Group in a research note on Monday, April 27th. They issued an “outperform” rating on the stock. One 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, Johnson Service Group currently has a consensus rating of “Moderate Buy”.

Johnson Service Group Company Profile

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates through two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment supplies workwear garments and protective wear, and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundering services. The Hotel, Restaurants and Catering segment offers linen services, including table linen, napkins, and chefs wear to the restaurant, catering, and hospitality market through the Afonwen, PLS, Stalbridge, South West Laundry, London Linen, and Fresh Linen brands.