Short Interest in SSP Group (OTCMKTS:SSPPF) Drops By 45.0%

SSP Group (OTCMKTS:SSPPF) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 134,231 shares, a decline of 45.0% from the June 15th total of 244,040 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Analyst Ratings Changes

Separately, UBS Group lowered SSP Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

SSP Group Stock Performance

Shares of SSPPF opened at $2.16 on Wednesday. SSP Group has a one year low of $1.71 and a one year high of $2.56. The company has a 50-day moving average of $2.15 and a two-hundred day moving average of $2.38.

About SSP Group

SSP Group is a leading operator of food and beverage concessions in travel locations worldwide. The company designs, manages and operates branded and independent restaurants, bars, cafés and kiosks across airports, railway stations, motorway service stations and cultural attractions. Its portfolio encompasses both proprietary concepts and partnerships with major global food and beverage brands, offering tailored dining experiences for travellers.

Headquartered in London, UK, SSP Group traces its roots to Travellers Fare, founded in the 1960s, and was formally established as SSP Group following a spin-off from Compass Group in 2006.