Mitie Group plc (OTCMKTS:MITFY) Short Interest Update

Mitie Group plc (OTCMKTS:MITFY) was the target 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 trading volume, of 37,800 shares, the days-to-cover ratio is currently 0.3 days.

Mitie Group Stock Down 3.4 %

MITFY stock traded down $0.20 during trading 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 twelve month low of $4.28 and a twelve month high of $5.96. The firm’s 50 day moving average is $5.47 and its 200 day moving average is $5.24. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.61.

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.