Short Interest in Elior Group SA (OTCMKTS:ELROF) Grows By 58.5%

Elior Group SA (OTCMKTS:ELROF) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 297,358 shares, a growth of 58.5% from the May 14th total of 187,641 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Elior Group Stock Performance

ELROF remained flat at $3.33 during trading hours on Tuesday. The business’s 50 day moving average is $3.33 and its two-hundred day moving average is $3.33. Elior Group has a 1-year low of $2.43 and a 1-year high of $3.33.

Analyst Ratings Changes

Separately, Citigroup downgraded shares of Elior Group to a “neutral” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

About Elior Group

Elior Group is a multinational provider of contract catering and support services, serving a diverse range of sectors including corporate, education, healthcare and leisure. The company offers onsite food services, vending solutions, hospitality management and integrated facility services such as cleaning, housekeeping and maintenance. Its business model emphasizes tailored service delivery, combining local market insights with standardized processes to meet the specific needs of clients in each industry segment.

Operating in Europe, North America, South America and India, Elior Group maintains a global footprint through regional business units that adapt its core offerings to local tastes and regulatory environments.