Mitie Group plc (OTCMKTS:MITFF) Short Interest Up 2,003.5% in July

Mitie Group plc (OTCMKTS:MITFF) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 119,900 shares, a growth of 2,003.5% from the July 15th total of 5,700 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 119.9 days.

Mitie Group Stock Performance

Shares of OTCMKTS:MITFF remained flat at $1.47 during midday trading on Monday. The stock’s 50 day moving average is $1.45 and its 200 day moving average is $1.29. Mitie Group has a twelve month low of $1.44 and a twelve month high of $1.54.

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.