Short Interest in SSP Group plc (OTCMKTS:SSPPF) Decreases By 36.8%

SSP Group plc (OTCMKTS:SSPPF) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 15,300 shares, a drop of 36.8% from the February 13th total of 24,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 600 shares, the short-interest ratio is currently 25.5 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lowered SSP Group from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, February 4th.

SSP Group Price Performance

Shares of OTCMKTS:SSPPF opened at $2.15 on Monday. SSP Group has a 12-month low of $2.14 and a 12-month high of $2.55. The business’s fifty day simple moving average is $2.30 and its 200-day simple moving average is $2.28. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 4.24.

About SSP Group

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.