Mitie Group plc (OTCMKTS:MITFF) Short Interest Update

Mitie Group plc (OTCMKTS:MITFF) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 79,784 shares, a decrease of 24.6% from the January 15th total of 105,827 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Mitie Group Trading Up 4.4%

Shares of MITFF opened at $2.42 on Friday. Mitie Group has a 52 week low of $1.40 and a 52 week high of $2.42. The firm’s 50-day simple moving average is $2.25 and its 200 day simple moving average is $2.07.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada began coverage on Mitie Group in a research note on Thursday, December 4th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Mitie Group Company Profile

Mitie Group plc is a leading provider of facilities management and professional services in the United Kingdom. The company offers an integrated suite of solutions spanning cleaning, security, catering, engineering maintenance, energy management and waste disposal. Through its focus on lifecycle management and sustainability, Mitie helps organisations optimise operational efficiency, reduce environmental impact and maintain compliance across their property portfolios.

Serving both public and private sector clients, Mitie delivers tailored service offerings to industries such as healthcare, education, transportation, retail and government.