Compass Group PLC (OTCMKTS:CMPGY) Shares Shorted: Short Interest Up 365.6% in October

Compass Group PLC (OTCMKTS:CMPGY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 78,988 shares, an increase of 365.6% from the September 30th total of 16,964 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 316,845 shares, the short-interest ratio is currently 0.2 days.

Compass Group Price Performance

Shares of OTCMKTS CMPGY opened at $34.00 on Friday. Compass Group has a 12-month low of $26.95 and a 12-month high of $34.37. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 0.86. The stock has a fifty day moving average price of $31.12 and a 200 day moving average price of $30.80.

Analyst Ratings Changes

Separately, Compass Point set a $36.00 target price on Compass Group in a research report on Thursday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy” and a consensus target price of $36.00.

About Compass Group

Compass Group plc is a United Kingdom-based provider of food and support services. The company serves meals and manages dining operations for businesses, schools and universities, hospitals, sports and leisure venues, defense organizations, remote sites and other institutions. Its services may include catering, hospitality, food procurement, facilities management and related workplace support.

Compass operates through a portfolio of brands tailored to different customer sectors and markets.