Mitie Group plc (OTCMKTS:MITFF) Sees Large Increase in Short Interest

Mitie Group plc (OTCMKTS:MITFF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 53,300 shares, a growth of 1,803.6% from the October 15th total of 2,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Mitie Group Price Performance

Shares of OTCMKTS:MITFF remained flat at $1.60 during midday trading on Thursday. Mitie Group has a 1 year low of $1.44 and a 1 year high of $1.60. The company has a 50 day simple moving average of $1.56 and a two-hundred day simple moving average of $1.45.

Mitie Group Company Profile

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.