Firstgroup PLC Unsponsored ADR (OTCMKTS:FGROY) Sees Large Growth in Short Interest

Firstgroup PLC Unsponsored ADR (OTCMKTS:FGROYGet Free Report) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 320 shares, an increase of 142.4% from the May 14th total of 132 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 91 shares, the days-to-cover ratio is currently 3.5 days.

Firstgroup Stock Performance

FGROY remained flat at $2.04 during trading hours on Friday. The company had a trading volume of 5 shares, compared to its average volume of 175. The stock has a 50 day simple moving average of $2.30 and a 200-day simple moving average of $2.44. Firstgroup has a 52-week low of $2.00 and a 52-week high of $3.31. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.70 and a quick ratio of 0.68.

Firstgroup Company Profile

(Get Free Report)

FirstGroup plc is a transport operator headquartered in Aberdeen, Scotland, providing bus, coach and rail services across the United Kingdom and North America. The company’s core businesses comprise First Bus, which operates local and regional bus networks in urban and rural communities; First Rail, which holds and operates rail franchises on the UK network; and First Transit, a subsidiary offering outsourced transit management services to public agencies and institutions.

Since its formation in 1986 following the privatization of British Rail, FirstGroup has grown through organic bidding for UK rail and bus contracts and strategic acquisitions overseas.

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