Mitie Group plc (OTCMKTS:MITFY) Short Interest Update

Mitie Group plc (OTCMKTS:MITFY) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 12,500 shares, an increase of 1,983.3% from the March 31st total of 600 shares. Based on an average daily volume of 37,800 shares, the short-interest ratio is presently 0.3 days.

Mitie Group Stock Down 3.4 %

Shares of MITFY stock traded down $0.20 during trading hours on Friday, reaching $5.59. 2,970 shares of the stock were exchanged, compared to its average volume of 16,441. Mitie Group has a 12-month low of $4.28 and a 12-month high of $5.96. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.93 and a quick ratio of 0.91. The company’s 50-day moving average price is $5.47 and its 200-day moving average price is $5.24.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain.