Elior Group SA (OTCMKTS:ELROF) Short Interest Down 77.9% in June

Elior Group SA (OTCMKTS:ELROF) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 86,005 shares, a drop of 77.9% from the June 15th total of 389,874 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analysts Set New Price Targets

Separately, Citigroup cut 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”.

Elior Group Stock Performance

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

Elior Group Company Profile

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.