SECURITAS A B ORDINARY SHARES SHS-B- (OTCMKTS:SCTBF) Reports Increase in Sellers; Strong Momentum for Short Players

July 12, 2018 - By Duane Lopez

Securitas AB (OTCMKTS:SCTBF) Logo

The stock of SECURITAS A B ORDINARY SHARES SHS-B- (OTCMKTS:SCTBF) registered an increase of 15.15% in short interest. SCTBF’s total short interest was 2.25M shares in July as published by FINRA. Its up 15.15% from 1.95M shares, reported previously. With 100 shares average volume, it will take short sellers 22485 days to cover their SCTBF’s short positions. The short interest to SECURITAS A B ORDINARY SHARES SHS-B-‘s float is 0.74%.

It closed at $16.05 lastly. It is down 0.00% since July 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Securitas AB provides security services in North America, Europe, Latin America, the Middle East, Asia, and Africa. The company has market cap of $5.92 billion. The firm operates through three divisions: Security Services North America, Security Services Europe, and Security Services Ibero-America. It has a 18.62 P/E ratio. It primarily offers specialized guarding, mobile, monitoring, remote video, on-site, electronic security, fire and safety, and corporate investigation and risk management services.

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