Johnson Service Group PLC (OTCMKTS:JSVGF) Sees Large Drop in Short Interest

Johnson Service Group PLC (OTCMKTS:JSVGF) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,329 shares, a decrease of 82.8% from the September 30th total of 7,724 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

Johnson Service Group Price Performance

OTCMKTS:JSVGF remained flat at $1.80 during mid-day trading on Thursday. The firm has a 50 day moving average of $1.85 and a two-hundred day moving average of $1.87. Johnson Service Group has a 1 year low of $1.80 and a 1 year high of $1.91.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Johnson Service Group in a research note on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Johnson Service Group Company Profile

Johnson Service Group plc is a United Kingdom-based provider of textile rental and related services. The company supplies, launders and maintains textiles and workwear for business customers, allowing organizations to outsource the management, cleaning and replacement of these items.

Its services include workwear rental for industrial, commercial and service-sector employees, as well as the provision of linen and other textile products to hotels, restaurants, healthcare organizations and other hospitality customers.