Mitie Group PLC. (OTCMKTS:MITFY) Sees Large Growth in Short Interest

Mitie Group PLC. (OTCMKTS:MITFY) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 861 shares, a growth of ∞ from the April 30th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,149 shares, the days-to-cover ratio is currently 0.7 days.

Mitie Group Price Performance

Shares of Mitie Group stock traded down $0.13 during midday trading on Tuesday, hitting $9.42. The company had a trading volume of 1,744 shares, compared to its average volume of 1,221. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.92 and a current ratio of 0.94. The company has a fifty day simple moving average of $9.47 and a 200 day simple moving average of $9.28. Mitie Group has a 12-month low of $7.11 and a 12-month high of $10.47.

Mitie Group Company Profile

Mitie Group plc (OTCMKTS: MITFY) is a UK‐based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.

Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.