Capita plc (OTCMKTS:CTAGF) Sees Significant Increase in Short Interest

Capita plc (OTCMKTS:CTAGF) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 185,978 shares, a growth of 55.6% from the March 15th total of 119,531 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Capita Stock Performance

CTAGF stock remained flat at $3.50 during midday trading on Wednesday. Capita has a 12 month low of $3.50 and a 12 month high of $4.35. The business’s fifty day moving average is $3.71 and its 200 day moving average is $3.91.

About Capita

Capita PLC (OTCMKTS: CTAGF) is a leading provider of professional services and business process outsourcing (BPO) solutions. The company partners with public- and private-sector organizations to deliver a range of managed services, from customer engagement and digital transformation to finance, HR, property and procurement. Capita’s offerings are designed to help clients streamline operations, reduce costs and improve service delivery through the adoption of technology, process optimisation and specialist expertise.

Core service areas include customer contact and support, IT infrastructure and application management, software development, and back-office administration.