FirstGroup plc (OTCMKTS:FGROY) Short Interest Update

FirstGroup plc (OTCMKTS:FGROY) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,600 shares, an increase of 23.1% from the May 31st total of 1,300 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 5.3 days.

FirstGroup Price Performance

OTCMKTS FGROY remained flat at $2.24 during trading on Tuesday. The company’s stock had a trading volume of 9 shares, compared to its average volume of 107. The stock has a 50-day simple moving average of $2.29 and a 200 day simple moving average of $2.24. FirstGroup has a 12 month low of $1.68 and a 12 month high of $2.55. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.69 and a quick ratio of 0.68.

FirstGroup Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, July 19th will be given a dividend of $0.043 per share. The ex-dividend date is Friday, July 19th. This is a boost from FirstGroup’s previous dividend of $0.02.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.