Mitie Group PLC. (OTCMKTS:MITFY) Short Interest Update

Mitie Group PLC. (OTCMKTS:MITFY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 614 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 1,492 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Mitie Group Price Performance

OTCMKTS MITFY remained flat at $11.04 during trading hours on Wednesday. The company had a trading volume of 551 shares, compared to its average volume of 2,908. The company’s 50-day moving average is $9.00 and its two-hundred day moving average is $9.31. Mitie Group has a 52-week low of $7.11 and a 52-week high of $11.52. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.92.

About Mitie Group

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.